Tax Article
Temporary exemption from the sales and use tax in prepared foods
The Puerto Rico Department of the Treasury “PRTD” issued Administrative Determination 20-01 “AD 20-01” to provide a temporary exemption from the Puerto Rico Sales and Use Tax “SUT” to individuals in those taxable items acquired in Puerto Rico that are considered “prepared foods”, “carbonated drinks”, “confectionery products” and “candies” hereinafter and collectively, “prepared foods”, as defined in Section 4010.01 of the Puerto Rico Internal Revenue Code of 2011, as amended “Code”.
