Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
2251a — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Thirteen - Taxation and Finance (§§ 1 — 33423)/
  5. Subtitle 8 - Additional Income and Internal Revenue Tax Provisions/
  6. Part II - Additional Taxes/
  7. Chapter 214 - Certificates of Deposit to the Bearer § 2251a - Imposition of the Tax/
  8. 2251a
Puerto Rico Legal Code

2251a

Ask AI about this
A special twenty percent (20%) tax shall be imposed, collected and paid on the amount of principal and accrued interest for every bearer certificate of deposit issued by any financial institution. History —Aug. 12, 1985, No. 1, p. 811, § 2.