15 Feb Waiver Certificate from Withholding Tax at Source for Services Rendered
Posted at 10:10h in News
On December 4, 2018, the PRTD, issued Internal Revenue Circular Letter Number 18-15, to establish a new procedure for the issuance of Total or Partial Waiver Certificates (“Waiver Certificate”).
- Automatic Waiver Certificate – Taxpayers with an active account in the Internal Revenue Unified System or SURI for his Spanish acronym, should automatically receive on SURI the applicable Waiver Certificate for 2019.
- New Business Waiver Certificate – New Businesses may request a Waiver Certificate using SURI or by visiting one of the Internal Revenue Offices of the PRTD. A taxpayer is considered a new business when is rendering services in the first three (3) years of operations. Administrative Determination 17-30 provides further details.
- Total or Partial Waiver Certificate – Taxpayers who do not receive any of the above-mentioned waiver certificates, may request a Waiver Certificate through SURI, by visiting the PRTD, or by calling the PRTD at (787) 622-0123.
This post is part of FPVG Pulse | Issue 1.