355a

For purposes of this chapter, the taxes covered under the Voluntary Disclosure Program shall be the following:(a) Income taxes. — Any person who, on or before December 31, 2009, has received or accumulated gross income taxable under Act No. 120 of October 31, 1994, as amended, known as the 'Puerto Rico Internal Revenue Code of 1994', and who has not filed tax returns or paid the proper amount for taxable years or fiscal year beginning on July 1st, 1993, and ending on or before December 31, 2009, or who, having filed such tax returns, did not disclose the correct amount of income, may file a special return stating the amount of income and the taxable years during which such income was received or accumulated.(b) Other taxes. — Any person who has had business volume for municipal license fee purposes under §§ 651 et seq. of Title 21, and who has not filed the required business volume declarations or paid the correct amount for municipal license fees to the corresponding municipality, or who, having filed such declarations, did not disclose the actual amount of business volume for taxable years or fiscal year beginning on July 1st, 2003, and ending on or before December 31, 2009, may

who, having filed such declarations, did not disclose the actual amount of business volume for taxable years or fiscal year beginning on July 1st, 2003, and ending on or before December 31, 2009, may file a special return stating the correct business volume amount for each fiscal year and pay municipal license fees on the basis of the municipal license fee rate applicable to each of these years. History —Nov. 15, 2010, No. 172, § 2.