Puerto Rico Treasury Issues Circular on Annual Hurricane Preparedness Sales Tax Exemption Period

The Puerto Rican Treasury May 1 issued Circular Letter No. 26-08, on the annual sales and use tax exemption period for specified hurricane season preparedness items and equipment. The circular letter explains that: 1) the 2026 exemption period begins at 12:00 a.m. on May 22 and ends at 11:59 p.m. on May 25; 2) the exemption applies to retail sales of qualifying hurricane preparedness items and equipment for use and consumption; 3) specific rules for the exemption period apply to rain checks, lay away sales, gift certificates and cards, and sales by mail, telephone, email, or the internet; and 4) ...