- Merchants in Puerto Rico are responsible for collecting and remitting the Sales and Use Tax (SUT) on taxable items.
- Act 25-2017 amended the rules for determining nexus between a person and Puerto Rico for SUT purposes.
- The Wayfair decision supports the applicability of Act 25-2017 for establishing nexus with Puerto Rico.
- Nexus can be established through physical presence, affiliate relationships, marketing activities, or digital presence.
- Examples are provided to illustrate when businesses have nexus with Puerto Rico.
- Merchants with nexus must register in the Puerto Rico Treasury Department Merchant’s Registry.
Source: newsismybusiness.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
