Articles

These educational capsules are intended to guide personnel on key compliance topics and internal processes. They also address frequently asked questions that reach the Office of the Comptroller of Puerto Rico through the Integrated System for Requesting Legal Guidance (SIPSOL).

The Comptroller of Puerto Rico, CPA and Attorney Carmen A. Vega Fournier, answers the question:

May a municipality grant a construction tax exemption to a hospital unit without a current certification from the Department of Treasury?

• Before granting a construction excise tax exemption, the municipality is required to request a current certification from the Department of Treasury or, failing that, an equivalent document evidencing the tax exemption.
• There is an important provision under Act 168 of 1968 regarding response time.
• That act establishes that if the Department of Treasury does not respond within a period of 10 days from receipt of the request, the request may be deemed approved.

Watch the video for full details on this process.

Government officials and employees may submit their legal questions to the Office of the Comptroller regarding the use of public funds and property through https://sipsolonline.ocpr.gov.pr.