(a) The Secretary shall require the establishment of an account in a local financial institution for purposes of remitting the sales and use tax to the Department of the Treasury. This requirement shall apply to businesses, even though they are not required to collect the sales and use tax. The Secretary shall prescribe by regulations the processes related to this requirement. History —Jan. 31, 2011, No. 1, added as § 6054.02 on June 30, 2013, No. 40, § 54.
Puerto Rico Legal Code