Standard rate
Sales and use tax: 11.5 percent on most goods and services. 10.5 percent on goods and services not subject to municipal SUT (sales and use tax).
Reduce rate
Groceries – 1%.
Zero rate
- Prescription Drugs;
- School supplies acquired during the back-to-school tax-free holiday;
- Supplies used to render health services by hospital facilities;
- Supplies acquired by government agencies.
In order to claim this exemption, the merchant has to request the Certificate of Exemption to the Secretary of the Treasury.
Threshold
Puerto Rico, following 45 American states, established that businesses with a nexus are required to register with the Ministry of Finance of Puerto Rico, as well as collect and transfer sales tax to Puerto Rico.
Since 2021, if your total gross sales, in Puerto Rico in excess of one hundred thousand dollars ($100,000) or carries out at least two hundred (200) transactions during his accounting year, then you have an economic nexus.