The Puerto Rico Treasury Department (PRTD) announced that beginning Monday, February 24, 2020, the third phase of integration to “SURI” (the Spanish acronym for the Internal Revenue Unified System) will be implemented.
Informative Bulletin 20-01 (BI RI 20-01, February 3, 2020) provides the guidance on Phase 3 of the transition to SURI. This phase concerns the following:
Note: For the 2018 tax year, these information returns are filed through SURI under the account “Other Income Withholding.” However, for 2019 and subsequent tax years, they will be filed under the account “Pass-Through Entities.”
The PRTD also issued Informative Bulletin 20-02 (BI RI 20-02, February 3, 2020) concerning the postponement of filing dates and payment dates for certain taxes during the transition process for the launch of Phase 3 to SURI.
For successful integration pursuant to the third phase into SURI and to have the 2020 taxpayer information available in the system, from February 11 to February 24, 2020, the PRTD will be carrying out the process of converting information into SURI from several earlier iterations of digital platforms including:
During the conversion period, the services offered by the PRTD will be limited exclusively to the sale of stamps, certain vouchers, payment of traffic fines, and automobile license tags. The availability of the other services is summarized in the following table.
The PRTD issued Informative Bulletin 20-03 (BI RI 20-03, February 3, 2020) that clarifies the acceptable payment methods for transactions made through SURI, as follows:
The PRTD recommends that taxpayers determine that the payment information entered on the system is accurate. If the information is incorrect or if no funds are available, the payment will be rejected. In such instances, the payment will not be credited by the PRTD and, therefore, the taxpayer could be exposed to the imposition of interest, surcharges, and/or penalties imposed by the PR Code.
For more information, contact a KPMG tax professional in Puerto Rico:
Rolando Lopez | +1 (787) 622-5340 | firstname.lastname@example.org
Carlos Molina | +1 (787) 622-5311 | email@example.com
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