P.R. Laws tit. 5, § 529a
Every manufacturer or distributor or commercial fertilizer or soil additives who fails to pay the extraordinary taxes established in § 535 of this title within the term fixed by this provision, shall [pay] the following surcharges in addition to said taxes:
(1) Progressive surtax. — Five percent (5%) of the total amount of the taxes when payment is made thirty (30) days after the date when payment was due and ten percent (10%) of the total amount of the taxes when payment is made sixty (60) days after the date when payment was due.
(2) Interest. — Interest on the total amount of the tax computed at the rate of ten percent (10%) per annum from the date fixed for payment.
History —May 8, 1973, No. 19, p. 57, added as § 11-A on Aug. 24, 1997, No. 103, § 8, eff. 30 days after Aug. 24, 1997.