31105

(a) Puerto Rico Residents. — When computing the value of taxable gifts for the calendar year, a deduction shall be allowed to donors who are Puerto Rico residents, on all gifts made during said calendar year to or for the use of any of the entities or organizations mentioned in § 31035 of this title and subject to the rules and limitations established thereunder.(b) Puerto Rico nonresidents. — When computing the value of taxable gifts for the calendar year, a deduction shall be allowed to donors who are Puerto Rico nonresidents, on all gifts made during said calendar year to or for the use of any of the entities or organizations mentioned in § 31066(a)(2) of this title and subject to the rules and limitations established thereunder. History —Jan. 31, 2011, No. 1, § 2042.15, retroactive to Jan. 1, 2011.