Newsletter:

Tax Events - September 2017: Revised Due Dates Considering the Passing of Hurricane Irma

04 September 2017

September 15

FICA - Employer’s Monthly Deposit of Social Security and Medicare Withheld from Employees for the month of August.

US Return of Partnership Income (Form 1065) for calendar year 2016 with 5-month extension.

US Estimated Tax 2017 for Individuals.

Annual Information Return of Foreign Trust with an U.S. owner (Form 3520-A) for calendar year ended 2016 with 6-month extension.

2016 Revocable Trust or Grantor Trust Income Tax Return, if the 6-month automatic extension was obtained (Form 480.80 (F)).

September 18

Use Tax on Imports Monthly Returns (Form SC 2915 D) for the month of August. (Electronic Filing through SURI online site).

Deposit of 7% or 3% tax withheld from payments made during August for services rendered (Payment Voucher 480.9A).

September 20

Sales and Use Tax monthly return (Forms SC 2915A and SC2915F) for the month of August.

September 22

Bi-monthly remittance of Sales Tax pursuant to Act 45 of July 19, 2017 to applicable taxpayers.

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

Payroll Income Tax Withholding Deposit, monthly depositors, for the month of August.

3rd Installment of PR Estimated Tax 2017 for Individuals.

Deposit PR Tax withheld at source on payments to foreign persons in excess of $200 during the month of August (Form 480.31).

Deposit of Estimated Income Tax by Corporations and Pass-through entities. (voucher 480. E-1):

 

Fiscal year

Installment

September 30, 2017      

4th Installment

December 31, 2017

3rd Installment

March 31, 2018

2nd Installment

May 31, 2018

1st Installment

 

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

September 29

Informative Income Tax Return Pass-Through Entity (Partnerships, Special Partnerships, and Corporation of Individuals) (calendar year entities), if the 6-month automatic extension was obtained (Form 480.20).

PR Informative Income Tax Return Pass-Through Entity return for fiscal year ended June 30, 2017 filing.

Request for extension to file PR Informative Income Tax Return Pass-Through Entity return filing for the fiscal year ended June 30, 2017 or request 3-month automatic extension.

September 30

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

October 2

Bi-monthly remittance of Sales Tax pursuant to Act 45 of July 19, 2017 to applicable taxpayers