Sunday, January 19, 2014

2013 in Review, New Puerto Rico Taxable Services

In 2013 certain cervices became taxable that were previously not taxed. These services include, but are not limited to:
  • Banking Account Management Charges/Fees to Commercial Clients
  • Car Rentals – Daily Rentals
  • Cleaning – Laundry Services
  • Cleaning -- Maid Services
  • Repair and Maintenance Services – Real Property and Tangible Property
  • Security and Protective Services
  • Waste Collection Services

There are more rules and this post contains simplifications and is not comprehensive. Additionally, as always, a professional should be consulted and be presented with specific information.

The information on this website is general information and is for educational use and has not been verified for accuracy nor completeness. You, the reader, should further research your specific individual situation. In addition you should contact your accounting professional for professional advice derived from specific details from your structure and financial position.


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