Donation Form for residents and non-residents of Puerto Rico

Any person who is a resident or non-resident in Puerto Rico, or anyone who in any calendar year has made any donation in excess of ten thousand ($10,000) dollars, must render a Donation Contribution Form.

When the donation was made before April 1, 2011, the Donation Tax Form must be filed no later than April 15 of the following year one year of donation (that is April 15, 2012).

Now if the donation was made starting April 1, 2011, the Donation Tax Form must be surrendered no later than January 31 of the following year to the calendar year in which the donation was made.

But if it is given by the donor, or no later than February 28 of the year following the calendar year in which the donation was made, if it must be surrendered by the donee.

What is the Donation Form and what is it for?

El donation certificate or form, is a document used to justify donations made by individuals or companies, They can benefit from tax deductions when donations are made to non-profit entities.

On the other hand, it is necessary to note that this type of activities must be printed on paper, since at the time of carrying out the procedures (to the payment of taxes) that the country of Puerto Rico requires, the businessman or the accredited person must pay taxes, so he must also justify that he has already complied with covering (somehow), the needs of the Puerto Rican population.

Finally, the donation form is a document that is used to:

• Validate a donation, justifying the type of donation made, whether by a person or company, in Puerto Rico.
• When it was done said donation and
• The most important thing is this type of spreadsheet, since it is only applicable for those donations exceeding $10.000, since this is a fairly considerable donation amount.

How to fill out a donation form in Suri?

If you make the donation in the SURI platform:  https://suri.hacienda.pr.gov, just by following the steps mentioned below, you can carry out the process easily and quickly:

Steps to follow

1. Gather all the documents needed to support the return, which are the following:
2. Proof of Internal Revenue, valued at $25 dollars.
3. Form SC 6096 Constructive Debt Certification, where the donor account number.
4. Certifications of Debts and Constructive Values, issued by the CRIM.
5. Photocopy of ID, used to make the donation.
6. Documents that validate the information on the donor's properties: indicating its value and appraisal for the day the donation is made (This applies only to non-residents.).
7. The form must be processed before April 15 of the following year, after making the donation. If the donation is made after January 1 or before April 15, you have to use the SC Form 2789.
8. In the case of make the donation in the time that corresponds with the corresponding form, the form must be sent; depending on where you live.

How are Donations taxed in Puerto Rico?

Beginning December 10 of the year 2018, all: filing, extension request and related payment to Donation Form, Relict Flow Form and request for Lien Certification (Relief), must be done only through the SURI platform (Unified Internal Revenue System): https://suri.hacienda.pr.gov.

La filing of the Donation Form, the Relict Estate Form and the Lien Certification request (Relief), require that they be filed accompanied by a Proof of Internal Revenue.

This must be acquired through the Virtual Collection and any of the three (3) receipts related to the application and the filing of the aforementioned forms, have been established to be used As of December 5, 2018, hereafter.

How much do I have to pay the Treasury for a donation?

Un resident donor of Puerto Rico, you must include in your Donation Tax Form the market value of any property transferred by gift to another person, the place where the property is located is not important.

Said donor will be entitled to an exclusion of $10,000 per donee (beneficiary).

Now a non-resident donor of Puerto Rico, you must include in your Donation Tax Form, the market value of any property that is located within Puerto Rico and that has been transferred by donation to another person. 

This donor will be entitled to an exclusion of $10,000 per donee (beneficiary). Furthermore, if the amount donated exceeds $10,000 dollars, the donor must pay the corresponding contribution on the excess.

When is a donation considered?

A donation It is the free and voluntary transfer during life of a material asset.. If the donor is a resident of Puerto Rico when making a donation, as a general rule, she must submit a Donation Tax Form.

For which it is necessary to search the most information, especially everything related to Donation Tax Form.

What types of donations are tax deductible?

According to Port Internal Revenue Code Rico (popularly known simply as Code) and the applicable regulations, among non-profit organizations and certain other entities that can be claimed as part of the deduction for donations, are the following:

1. El Government of Puerto Rico or the United States, as well as any state, territory, possession or political subdivision thereof, or the District of Columbia, for exclusively public purposes.
2. Churches and religious organizations.
3. Non-profit organizations, created or organized in Puerto Rico or the United States, that are qualified by the Secretary of the Treasury under the Section 1101.01 (a) (2) Of the Code, such as those that provide: community services, social services, charitable, scientific, literary, art, educational or museological purposes, organizations dedicated to: the prevention of mistreatment or abuse of children, the elderly (Seniors) or disabled, prevention of mistreatment or abuse of animals, prevention of domestic violence or hate crimes, or to social and community economic development organizations.
4. Accredited university-level educational institutions, who are established in Puerto Rico and certain Foundations or Funds listed in the Section 1033.15 (a) (3) (C) Of code.

As a general rule, the deduction admissible as donations will be the total amount of donations paid, which will not exceed 50% of your adjusted gross income, for the taxable year.

Special rules apply in the case of donations to Conservation Easements and Museological Institutions.

It is necessary to clarify that in In the case of corporations, the limitations on donations are different from those of individuals..

Fonts

https://hacienda.pr.gov/

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