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PUERTO RICO BUSINESS LAW NOTES http://www.amgprlaw.com 2011-TAX-02 Newsletter Date: February 25, 2011, US IRS OFFERS NEW (2011) VOLUNTARY DISCLOSURE PROGRAM FOR OFFSHORE ACCOUNT OWNERS By: Ricardo
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What is version of puerto rico?
Version of Puerto Rico refers to the filing of an annual report with the Puerto Rico Treasury Department, known as Hacienda, which includes information about a company's operations and financial status in Puerto Rico.
Who is required to file version of puerto rico?
All corporations and entities conducting business in Puerto Rico are required to file the version of Puerto Rico.
How to fill out version of puerto rico?
The version of Puerto Rico can be filled out electronically through the Puerto Rico Treasury Department's website or by submitting a physical copy of the report.
What is the purpose of version of puerto rico?
The purpose of the version of Puerto Rico is for the government to have accurate and up-to-date information about businesses operating in Puerto Rico for tax and regulatory purposes.
What information must be reported on version of puerto rico?
The version of Puerto Rico requires businesses to report information such as their financial statements, balance sheets, profit and loss statements, details of assets and liabilities, and information related to the ownership and management of the company.
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