Newsletter:

Tax Events - August 2019

July 29 2019

August 12

Use Tax on Imports Monthly Returns (Form SC 2915.1 D) for the month of July (Electronic filing through SURI online site).

Monthly Excise Tax Return and payment (Form SC 2225) (Electronic filing through SURI online site).

August 15

2018 PR Personal Property Tax Return (Form AS 29-I) with 3-month extension. (Electronic filing through www.crimpr.net online site).

First installment of estimated 2019 Personal Property Tax. (Electronic filing through www.crimpr.net online site).

Deposit of 10% or 6% of income tax withheld from payments made during July for services rendered (Payment Voucher 480.9A) (Electronic filing through SURI online site).

FICA monthly depositors, for the month of July (Form 941) (Electronic filing through EFTPS online site).

Income Tax Withholding Deposit, monthly depositors, for the month of July (Form 499 R-1B) (Electronic filing through SURI online site).

Bi-monthly Sales and Use Tax Estimated Payments for those who are regarded as a Large Taxpayer pursuant to PR IRC Section 1010.01(a)(35); and whose average monthly SUT deposited during the previous calendar year exceeded $2,000. (Electronic filing through SURI online site).

Deposit of 4% monthly excise tax on foreign entities (Form 480.36).

Deposit of 29% tax withheld at source on payments to foreign persons in excess of $200 during the month of July (Form 480.31). (Electronic filing through SURI online site).

Deposit tax withheld at source on dividends, partnership profit distributions, interests and 10% penalty on IRA during the month of July (Form 480.9).

Deposit of Estimated Income Tax by Corporations (voucher 480. E-1) and Pass-through entities, Partnerships, Special Partnerships and Corporations of Individuals (voucher 480.9EC):

FISCAL YEAR

INSTALLMENT

August 31, 2019

4th Installment

November 30, 2019

3rd Installment

February 29, 2020

2nd Installment

April 30, 2020

1st Installment

August 20

Sales and Use Tax Monthly Return (Form SC 2915) for the month of July (Electronic filing through SURI online site).

Sales and Use Tax Monthly Municipal Return for the month of July. 

August 30

Affirmative Declaration of Transactional Accounts for applicable requests or extensions of credits approved by the financial business during the month of July.

Bi-monthly Sales and Use Tax Estimated Payments for those who are regarded as a Large Taxpayers pursuant to PR IRC Section 1010.01(a)(35); and whose average monthly SUT deposited during the previous calendar year exceeded $2,000 (Electronic filing through SURI online site).

Supplemental Schedules required pursuant to Act 163 of 2014 for corporations with year ended on September 30, 2018 (with six-month extension, pursuant to Administrative Determination 18-07).

Supplemental Schedules required pursuant to Act 163 of 2014 for corporations with year ended on March 31, 2019, if Income Tax Return was filed in July.

Supplemental Schedules required pursuant to Act 163 of 2014 for Pass-Through Entities with fiscal year ended on October 30, 2018 (with six-month extension, pursuant to Administrative Determination 18-07).

Supplemental Schedules required pursuant to Act 163 of 2014 for Pass-Through Entities with year ended on April 30, 2019, if Income Tax Return was filed in July.