P.R. Laws tit. 13, § 2251d
The Secretary shall reimburse totally or partially, as the case may be, the tax that was deducted, withheld and paid, by [to] any person who requests it within the term of ninety (90) days counting from the date the withheld taxes are paid by the financial institution, and who shows to the Secretary’s satisfaction, as he may establish through the rules he deems are needed, that all or part of the principal and accrued interest represented by the certificate of deposit was subject to the levying or exemption of the payment of income taxes under the provisions of the Income Tax Act of 1954. The Secretary shall have the obligation to reimburse said tax plus the interest accrued from the day the tax was withheld until the date it is reimbursed within ninety (90) days counting from the date of the request. In this case the rate of interest that shall be paid by the Secretary shall be the same as what was being accrued by the certificate of deposit at the time of the withholding. The Secretary shall not apply the requested reimbursement to any other tax burden owed by the taxpayer.
History —Aug. 12, 1985, No. 1, p. 811, § 5.