Puerto Rico’s Office of Management and Budget (OMB) has extended (Circular Letter 003-2022) the due date for filing the volume of business declarations and extension requests from 25 April 2022 to 2 May 2022. Taxpayers that pay the tax due with the volume of business declaration filing or extension request may apply a 5% discount to the amount due.
Taxpayers that have their extension request granted for the maximum six-month period must file their volume of business declarations on or before 2 No…