P.R. Laws tit. 13, § 2271i
The Company is hereby authorized to impose sanctions and administrative fines for infractions to the provisions of this chapter and to the regulations approved thereunder, committed by the taxpayers; as well as the penalties contained in §§ 2272i—2272 l of this title. The Company may establish, through regulations, the applicable sanctions which shall be proportionate to the infraction involved.
The Company may, when the provisions of this chapter are infringed, impose the administrative fine, penalty, surcharge, or sanction that, in accordance with the act or regulation, corresponds [sic] or permanently suspend or revoke the promotional and tax benefits granted by the Company.
The infraction of any provision of this chapter or of the regulations approved thereunder may entail the permanent revocation of such benefits, as the case may be, as well as the subsequent ineligibility of the taxpayer to qualify for the promotional benefits and the tax benefits that the Company grants pursuant to §§ 6001 et seq. of Title 23, known as “Puerto Rico Tourism Development Act of 1993”.
An action against a taxpayer in accordance with the provisions of this chapter shall not prevent the Company from taking any other additional action authorized by this chapter or the regulations approved thereunder.
History —Sept. 9, 2003, No. 272, § 18, eff. 180 days after Sept. 9, 2003.