Puerto Rico - Sales and use tax collection procedures for imported goods 

June 25: The tax authority of Puerto Rico issued guidance concerning the procedures for collecting sales and use tax (IVU) for goods imported into Puerto Rico. Boletín Informativo de Rentas Internas Núm. 14-07 (6 June 2014)

The June 2014 bulletin (Spanish) [PDF 1.2 MB] includes information about reporting requirements and tax payments on imported goods, the monthly sales and use tax return filing requirements, and the process for claiming credits for the tax paid by a merchant/reseller on purchases of tangible personal property for resale.


According to the bulletin, these procedures have an effective date of July 1, 2014; however, the bulletin further proposes that these procedures would be effective beginning August 1, 2014.



For more information, contact a professional with KPMG’s Trade & Customs practice:


Douglas Zuvich

(312) 665-1022


Andrew Siciliano

(631) 425-6057


John L. McLoughlin

(267) 256-2614


Todd R. Smith

(949) 885-5617


Luis A. Abad

(212) 954-3094


Amie Ahanchian

(202) 533-3247


Or your local KPMG Trade & Customs professional.




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