30451

(a) In the case of foreign partnerships engaged in trade or business in Puerto Rico, it shall be understood that a partner is engaged in trade or business in Puerto Rico in his/her distributive share of the partner’s interest in such partnership.(b) The foreign partnership shall be subject to:(1) The provisions of §§ 30321 et seq. of this title related to the determination of the distributive share of a partner in the income and expenses of the partnership,(2) 30245 of this title, related to the requirement of estimated tax payment allocable to the distributive share of the partner’s interest in a partnership,(3) 30243 of this title, related to the requirement for partners to file partnership and information returns. History —Jan. 31, 2011, No. 1, § 1093.01, retroactive to Jan. 1, 2011.