Tax & Accounting Blog

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

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

Question: 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 … Read More