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31096 — Puerto Rico Law | CourtGPT
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  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. 31096
Puerto Rico Legal Code

31096

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The value of any property transferred in trust shall be included in the total sum of gifts insofar as there is no sufficient consideration in money or its equivalent was involved in said transfer. History —Jan. 31, 2011, No. 1, § 2042.06, retroactive to Jan. 1, 2011.