Tax Alert: Unified System of Internal Revenue at Puerto Rico Department of Treasury
February 9, 2016
On January 27, 2016, the Secretary of the Treasury (the “Secretary”) presented to the Governor of Puerto Rico the UNIFIED SYSTEM OF INTERNAL REVENUE (“SURI”, for its acronym in Spanish), a new Puerto Rico Treasury Department (“PRTD”) mechanism aimed at improving the agency’s administration of tax revenue and supervisory duties.