Updated Due Dates – Taxes 2021

April 14, 2022

Knowing You – 2021 Puerto Rico Income Tax Return and 2022 Puerto Rico Estimated Income Tax Payments

The Puerto Rico Treasury Department issued Administrative Letter No. 22-03 (AD 22-03) to extend the filing and payment date for income tax returns with an original due date of April 18 to April 25, 2022. The AD 22-03 also applies to the first quarter of the 2022 estimated tax payment postponing the payment from April 18 to April 25, 2022.

2021 LLC Annual Dues and Annual Corporation Report

The Puerto Rico State Department issued Administrative Order 2022-03 to extend the due date to file the LLC Annual Dues and the Annual Corporation Report from April 18 to April 25, 2022. For those taxpayers requesting the extension for the Annual Corporation Report, the first extension must be filed by April 25, 2022 and the second extension by June 27, 2022. The second extension must be requested and paid not later than June 27, 2022, resulting in a final due date of August 29, 2022.

2022-23 Volume of Business Declaration (Municipal License Tax)

The Puerto Rico Office of Management and Budget issued a Circular Letter No. 003-2022 to extend the due date to file the 22-23 Volume of Business Declaration from April 25, 2022 to May 2, 2022. The 5% discount will be available for those taxpayers paying the full amount due on or before May 2. In case of taxpayers requesting the extension of time to file the declaration, the municipalities may grant up to six (6) month extension, up to November 2, 2022.

KRESTON PR, LLC

1509 FD Roosevelt Avenue Suite 303 / Guaynabo, PR 00968-2612

PO Box 193488 / San Juan, PR 00919-3488

Tel. (787) 646-4611 / Fax (787) 764-8688 Web: www.krestonpr.com / www.kreston.com

Email Taxes: fsanchez@krestonpr.com

IMPORTANT DISCLAIMER: This bulletin and its content do not constitute advice. It is intended for information purposes only and should not be regarded as specific advice. Accordingly, no person, entity or corporation should act or rely upon any matter or information as contained or implied within this publication without first obtaining advice from an appropriately qualified professional person or firm of advisors and ensuring that such advice specifically relates to their particular circumstances.

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At KRESTON PR, LLC we are ready to assist you if needs any help. Contact us for additional information.

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