Puerto Rico Treasury Department will not impose penalties for informative returns filed after 3 March
The Puerto Rico Treasury Department (PRTD) has announced (Informative Bulletin (IB) 20-05) that it will not impose penalties for 2019 informative returns filed after the 3 March 2020 due date, provided the returns are filed no later than 31 March 2020. Penalties will not be waived for withholding taxes that are not timely deposited with the PRTD.
IB 20-05 also points out existing gui…
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