Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
31094 — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Thirteen - Taxation and Finance (§§ 1 — 33423)/
  5. Subtitle 17 - Internal Revenue Code of 2011/
  6. Part III - Decedent’s Estate and Gifts/
  7. Chapter 1024 - Gift Tax Sub/
  8. Subchapter B - the Term “Gift” § 31091 - Definition of Gift/
  9. 31094
Puerto Rico Legal Code

31094

Ask AI about this
The amount paid by a person (who shall be the donor) to satisfy in whole or in part any obligation for which another person (who shall be the person receiving the gift) is responsible, shall be deemed to be a gift, insofar as there is no sufficient consideration in money or its equivalent, when making such payment. History —Jan. 31, 2011, No. 1, § 2042.04, retroactive to Jan. 1, 2011.