Tax & Accounting Blog

Ask An Indirect Tax Expert: Puerto Rico Sales and Use Tax Rate Change

Blog, Indirect Tax, ONESOURCE, Sales and Use Tax November 1, 2013

ask-expert_3Question:

Is there any news on the rate change for Puerto Rico?

Answer from Tyler Nelson of ONESOURCE Indirect Tax:

Yes, the Commonwealth of Puerto Rico is decreasing their sales and use tax rate from 6% to 5.5%, effective December 1st, 2013. If you use our OneSource Indirect Tax Determination product, this is already entered as future content, and available for you to test.