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Puerto Rico extends due date for volume of business declarations

25 April 2022

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Tax Alerts, Information Reporting, National/Federal Taxation

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Puerto Rico

Puerto Rico’s Office of Management and Budget (OMB) has extended (Circular Letter 003-2022) the due date for filing the volume of business declarations and extension requests from 25 April 2022 to 2 May 2022. Taxpayers that pay the tax due with the volume of business declaration filing or extension request may apply a 5% discount to the amount due.Taxpayers that have their extension request granted for the maximum six-month period must file their volume of business declarations on or before 2 November 2022.For more information on extended due dates, see EY Global Tax Alerts, Puerto Rico's Treasury Department extends due...