Puerto Rico Enacts Economic Nexus and Marketplace Facilitator Requirements

Charles Maniace
January 12, 2021

On December 8, 2020. The Puerto Rico Secretary of Hacienda signed Regulation 2020-9237 expanding sales tax collection requirements to include Remote Sellers and Marketplace Facilitators effective 1/1/21. Businesses that have at least $100,000 in gross sales or 200 individual sales transactions during any preceding 12-month period have an obligation to collect and remit sales tax. Obligated Remote Sellers and Facilitators can register through the SURI system. Further, sellers making sales through facilitators will be relieved of their collection and remittance obligations for those transactions upon obtaining an SUT Collection Release, which is also accomplished through the SURI system.

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Author

Charles Maniace

Charles Maniace is Vice President – Regulatory Analysis & Design at Sovos, a leading global provider of software that safeguards businesses from the burden and risk of modern tax. An attorney by trade, Chuck leads a team of attorneys and tax professionals responsible for all the tax and regulatory content that keeps Sovos customers continually compliant. Over his 15 year career in tax and regulatory automation, he has provided analysis to the Wall Street Journal, NBC and more.
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