Revisions to Puerto Rico Sales Tax (“IVU”) – Business to Business Area

If you own real estate in Puerto Rico and you rent it, this video is for you.  If you conduct any business in Puerto Rico, this video is for you.  Please wacth it now and contact your accountant, CPA or tax lawyer promptly.  The changes to the sales tax are significant, but there is one area in which the responsibility is levied completely upon the property owner.  In this video, lawyer and notary public Santiago F. Lampón discusses this area of concern for subsequent consultation with your accounting/tax professional.