TRUST worthy. Updated Filing Dates Postponed after Hurricane María

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1 TRUST worthy Updated Filing s Postponed after Hurricane María As consequence of Hurricanes Irma (on 6) and María (on ), the Puerto Rico Treasury Department (Treasury) has continued to issue various administrative publications postponing the filings and payments due to the Treasury on the months of,, and. The latest publication from the Treasury updating the filing due dates, the Internal Revenue Informative Bulletin 17-25, was issued on 19, 17. In our continuing effort to keep you informed, we hereby include the updated tables, as provided on our Tax Alert from 3, summarizing the most common filings due on,, and 17, providing for the extended due dates, according to our understanding and interpretations. Note that if you have concerns with a particular due date, please contact us. 17 FPV & Galíndez, LLC

2 SEPTEMBER 17 Due Sept. 9, 17 DA 17- Oct. 19, 17 August 7% Payment August SUT Import August Various Tax Withholdings / Payments (Except for 7%) Additional Additional Additional 9 Holiday day ) *For Big 25 * For Big SUT Estimated Tax 1 st Installment - Big Taxpayers SUT Estimated Tax 1 st Installment Others (>$2,000 taxpayers) Additional Additional 4 Postponed until Postponed until Not required for Although BIRI says there will be no changes, makes references to prior determinations Income Tax Additional January, January,

3 SEPTEMBER 17 Due Sept 9, 17 DA 17- Oct. 19, 17 Income Tax 3 rd Installment Payment Natural Year August SUT Monthly SUT Estimated Tax 2 nd Installment Big Taxpayers SUT Estimated Tax 2 nd Installment Others (>$2,000 taxpayers) 30 2) 30 2) 30 2) 30 2) Oct 2) 30 2) Additional Additional 7 Additional Additional No change 9- Holiday day ) Postponed until Postponed until Not required for * For Big * For Big 4 Although BIRI says there will be no changes, makes references to prior determinations

4 OCTOBER 17 Due Sept 9, 17 DA 17-19, 17 7% Payment Additional SUT Import Additional * For Big 17 Credit for Persons Age 65 or Older and Compensatory Credit for Low Income Pensioners (Form 481.1) 14 January, January, Various Tax Withholdings / Payments (Except for 7%) 16) Additional * For Big 16 Individual Income Tax 16) NA Additional January, January, 2 nd installment of 16 income tax due also extended to January,.

5 OCTOBER 17 Due Sept 9, 17 DA 17-19,17 Payroll Tax Withholdings/ Payment Excise Tax Monthly 16) Extension also applies for monthly and biweekly depositors. SUT Estimated Tax 1 st Installment Big Taxpayers SUT Estimated Tax 1 st Installment Others (>$2,000 taxpayers) Income Tax 16) 16), 16) 7 Additional Additional Additional No Change day 23) Postponed until Postponed until Not required for January, January, Although BIRI says there will be no changes, makes references to prior determinations Any outstanding balance must be paid by: * - Big Taxpayer * - Other Taxpayers

6 OCTOBER 17 Due Sept 9, 17 DA 17-19,17 SUT Monthly Additional * For Big 27 Employer s Quarterly of Income Tax Withheld- 3 rd Quarter SUT Estimated Tax 2 nd Installment Big Taxpayers SUT Estimated Tax 2 nd Installment Others (>$2,000 taxpayers) Application to Renew the Inscription as a s, Declarations or Refund Claims Specialist (Form ) January, January, 7 Additional Additional No change 7 Although BIRI says there will be no changes, makes references to prior determinations No Change Postponed until Postponed until January, January, Not required for.

7 OCTOBER 17 Due Sept 9, 17 DA 17-19,17 Quarterly Report for Non- Withholding Agent 3 rd Quarter Not required to file Not required to file *Applies only to this quarter.

8 NOVEMBER 17 Due Sept 9, 17 DA 17-19, 17 Import Monthly additional Excise Tax Monthly additional Payroll Tax Withholdings/ Payment additional Extension applies for monthly and biweekly depositors. Income Tax additional January, January, Any outstanding balance must be paid by: * - Big Taxpayer * - Other Taxpayers SUT Monthly additional *For Big Taxpayer: 27

9 DECEMBER 17 Due Sept 9, 17 DA 17-19, 17 Income Tax January, January, Any outstanding balance must be paid by

10 OTHER RETURNS/PAYMENTS WITH SEVERAL DUE DATES: Due (Expiration ) Sept 9, 17 DA 17-19,17 (Expiration ) Informative for Tax Credits Holders (Form ) Renewal of Merchant Certificate, Reseller Certificate and Manufacturer ID Renew of Merchant Bond Various January, 1 through January, January, January, January, January, License Rights Partnership or Limited Liability Company Classification Notification or Election (Form 6045) and Effective for 60 Additional January, After the expiration of the 60 additional days. January,

11 OTHER RETURNS/PAYMENTS WITH SEVERAL DUE DATES: Subchapter N Corporation Election (Form 2640) Application for Exclusion of Expenses Paid to Affiliates (Section 33.17(a)(17)(D) of the PR Internal Revenue Code) Application for Administrative Determination Ruling Application for Change of Taxable Year Application for Change of Accounting Method Estate or Gift Tax Due (Expiration ) Sept 9, 17 DA 17-19,17 January, January, January, January, January, January, (Expiration ) January, January, January, January, January, January,

12 OTHER RETURNS/PAYMENTS WITH SEVERAL DUE DATES: Supplemental Information Pursuant Section 61.(b) of the PR Internal Revenue Code Due (Expiration ), and Sept 9, 17 DA 17-19,17 February 28, (Expiration ) February 28,

13 TRUST worthy PLEASE CONTACT OUR TAX DEPARTMENT AT (787) OR AT or IF FURTHER ASSISTANCE OR INFORMATION IS REQUIRED ABOUT THESE MATTERS. Kenneth Rivera, Tax Partner Leví Villegas, Tax Partner Yelitza Net, Senior Tax Manager Edgardo Rosa, Tax Manager Jazmarie Rivera, Tax Manager Samira Yassin, Senior Tax Consultant Ashly Lasanta, Senior Tax Consultant Juan Gotay, Tax Consultant Eric Gotay, Tax Consultant Dariana S. Caro, Tax Consultant Jessica Rivera, Executive Admin. Assistant Axel Ramírez, Tax Partner Iris N. Otero, Tax Director Yelitza R. López, Senior Tax Manager Sylvia Reyes, Tax Manager Sheila Quiñones, Senior Tax Consultant Madeleine Tubéns, Senior Tax Consultant Coralys Rodríguez, Tax Consultant Gabriel Otero, Tax Consultant Javier J. Pagán, Tax Consultant Yesenia Pitre, Admin. Assistant Interested in Other Services? - Audit / Assurance / Consulting / Information Technology" Contact Julio A. Galíndez, Managing Partner, at (787) This communication may constitute an advertisement or solicitation under the law. You may choose not to receive advertising and promotional messages from FPV & Galíndez, LLC at this address by forwarding this message with the title UNSUBSCRIBE to mail@fpvgalindez.com. If you do so, the sender of this message will be notified promptly. The content of this Tax Letter has been prepared by us for information purposes only. This communication is not intended as, and does not constitute tax, accounting, consulting, or legal advice FPV & Galíndez, LLC