P.R. Laws tit. 13, § 33335
(a) Deposit of taxes withheld from salaries. —
(1) Any person who pays salaries and is required to deduct and withhold from any employee any income taxes in § 30271 of this title, or the regulations promulgated by the Secretary pursuant to the Code, and to remit payment of such taxes to the Government of Puerto Rico, shall deposit the amount of taxes thus deducted and withheld at any of the banking institutions designated as public fund depositories and which have been authorized by the Secretary to receive such taxes.
(2) Federal savings and loan associations and federal thrift banks that conduct business in Puerto Rico shall be deemed to be financial institutions for purposes of being designated as public fund depositories under this Code.
(3) Taxes shall be paid or deposited as established in the regulations promulgated by the Secretary regarding the manner, time, and conditions that shall govern the payment or deposit of such withheld taxes. When promulgating such regulations, the Secretary shall follow, as pertinent, the criteria established in regulatory provisions on the collection and deposit of income taxes withheld from salaries paid by the federal government and the corresponding deduction for Social Security.
History —Jan. 31, 2011, No. 1, § 6080.05, retroactive to Jan. 1, 2011.