New Sales Tax Filing Alternative in Puerto Rico

Sovos

September 23, 2014

This blog was last updated on June 26, 2021

Recently, Puerto Rico made some important changes to their filing processes that affect all businesses selling goods and services into that territory. The changes are happening so rapidly that we set up an online Puerto Rico Sales Tax Changes Resource Center with news updates, FAQs and white papers to help businesses to better understand the latest rules and regulations. The Resource Center is constantly updated to share new information, such as the alternative sales tax filing options announced this past week. Due to technical difficulties in the new Portal Integrado del Comerciante (PICO) system and other factors, the Treasury Department of Puerto Rico (Hacienda) issued two Administrative Determinations, DA 14-23 and DA 14-24. Both of these provide alternative filing methods for those businesses filing sales taxes in Puerto Rico. Get the details on the alternative filing options. As a part of our Sales Tax Services, Taxware ensures that our tax content and filing processes are in sync with each of the jurisdictions we cover. Taxware Tax Experts work closely with state treasuries and departments of revenue to ensure our customers are following the most up-to-date rules and regulations. Filing sales tax returns correctly the first time saves your business time and money by reducing notices, decreasing late fees and minimizing penalties. To discover why over 200 Fortune 1000 and national businesses already trust Taxware to process and remit their sales tax returns, please visit Taxware.com/sales-tax-services.

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Author

Sovos

Sovos is a global provider of tax, compliance and trust solutions and services that enable businesses to navigate an increasingly regulated world with true confidence. Purpose-built for always-on compliance capabilities, our scalable IT-driven solutions meet the demands of an evolving and complex global regulatory landscape. Sovos’ cloud-based software platform provides an unparalleled level of integration with business applications and government compliance processes. More than 100,000 customers in 100+ countries – including half the Fortune 500 – trust Sovos for their compliance needs. Sovos annually processes more than three billion transactions across 19,000 global tax jurisdictions. Bolstered by a robust partner program more than 400 strong, Sovos brings to bear an unrivaled global network for companies across industries and geographies. Founded in 1979, Sovos has operations across the Americas and Europe, and is owned by Hg and TA Associates.

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