Act 80-2014 amended several provisions of Subtitle D of the Internal Revenue Code of Puerto Rico of 2011, as amended ("Code") to establish the payment of Sales and Use Tax ("SUT") on imports of personal tangible property made after July 31, 2014.
The Department of Treasury ("Department") is issuing this Informative Bulletin to notify the change of name of the Form AS 2970.1 and Form AS 2915.1D in order to avoid confusion among merchants and importers to complete the forms related to SUT payment of imports.
Therefore, any reference to Form AS 2970.1 and Form AS 2915.1D on any Department publication or statement issued prior to this bulletin, should be deemed amended as follows:
|Form||Previous Name||Revised Name|
|Form AS 2970.1||Declaration of Imports for Use||Declaration of Imports|
|FormAS2915.1 D||Use Tax on Imports Monthly Returns||Tax on Imports Monthly Return|
The provisions of this Informative Bulletin are effective immediately.
For additional information related to the provisions of this Informative Bulletin, please contact the Consulting Section at (787) 722-0216, Option 8.
Melba Acosta Febo