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32101 — 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 V - Sales and Use Tax/
  7. Chapter 1044 - Terms and Means of Payment Sub/
  8. Subchapter B - Payment § 32101 - Remittance of the Sales and Use Tax/
  9. 32101
Puerto Rico Legal Code

32101

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The remittance to the Secretary of the taxes imposed under this part shall be made as provided below:(a) By the merchant, except in the case covered in subsection (b), as provided in § 32103 of this title.(b) In the case of merchants who collect the sales tax in representation of other merchants under a billing and collection agreement, the person liable for remitting the taxes to the Secretary shall be the person who acknowledges the sale in his/her books according to generally accepted accounting principles.(c) By the person who uses, consumes, or stores taxable items in Puerto Rico, as provided in § 32103 of this title. History —Jan. 31, 2011, No. 1, § 4042.01, retroactive to Jan. 1, 2011.