P.R. Laws tit. 13, § 31084
There shall be credited against the tax imposed by § 31081 of this title, the amount of any gift tax actually paid to the United States of America, or to any foreign country, in connection with any property, wherever located, whose value has been determined pursuant to the provisions of this subchapter and has been included in the total sum of taxable gifts. The credit provided in this section shall be allowed and computed under all conditions, provisions and limitations provided in § 31092 of this title in the same way as if the gift had been a transfer by inheritance or legacy and the tax for which credit is being claimed had been a tax on decedent’s estate, succession or inheritance, except that the credit provided in this section shall be allowed and determined without limitation as to whether the property is located in the United States of America or in another foreign country where such tax is paid.
History —Jan. 31, 2011, No. 1, § 2041.04, retroactive to Jan. 1, 2011.