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SURI Implementation

posted Nov 8, 2016, 8:24 AM by Isla CPA   [ updated Nov 8, 2016, 8:25 AM ]
The Puerto Rico Treasury Department is currently implementing the Unified Internal Revenue System (“SURI” by its Spanish acronym), which is an electronic platform meant to streamline tax administration by integrating and replace most of the currently used platforms.

The following steps with corresponding dates for SURI’s implementation were announced:

• Phase 1: Sales and Use Tax, (operational by October 31, 2016)
• Phase 2: Integration of corporate and other business-related taxes (operational by December 2017)
• Phase 3: Integration of individuals, withholding and Gift & Estate Taxes (operational by December 2018).

Beginning October 15, 2016, all existing merchants must update their Merchant’s Registration Certificate via SURI.


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