Taxable Corporate Income Contribution

Departamento de Hacienda (DH)
Description:

It contains statistics on gross income, deductions, net income subject to normal contributions, and tax liability of Taxable Corporations, as reported on the Income Tax Form. These data are obtained annually from the Technology and Information Technology Area of the Department of Finance for a specific period, which means that they may vary due to the continuity of the process of audits and amendments to the forms.

Objective:

1) Present the main contributory variables of the income tax returns of taxable corporations.

2) Prepare database for the Office of Economic and Financial Affairs.

3) Input for the Taxable Corporation Simulation Model.

Main Variables
Gross income, payroll, deductions, net income subject to normal contribution, contributory liability
Frequency of release of the report:
Yearly
Reference Population:
Taxable Corporations in Puerto Rico
Product:
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History:
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Agency
Departamento de Hacienda (DH)
Contact Information
Contact:
Manuel Tristani Sánchez
Position:
Systems and Procedures Officer
Telephone:
787-977-0909, ext. 400
Fax:
787-977-0915
Email:
mtristani@opp.pr.gov