After the Wayfair ruling, Puerto Rico enacted economic nexus laws that impose a sales tax collection and remittance obligation on remote sellers who have sufficient economic contact with the Island, even if that economic connection is their only contact. While Puerto Rico is not alone—every U.S. state and territory with a sales tax has enacted economic nexus rules—there are some additional nuances unique to the “Island of Enchantment.” Let’s have a brief look at economic nexus in Puerto Rico and discuss some practical tips for negotiating the complexity of sales tax compliance on the Island.
Source: salestaxinstitute.com
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