P.R. Laws tit. 13, § 33111
(a) In the event that any person fails to deposit taxes deducted and withheld under §§ 30086, 30087, 30271, 30272, 30273, 30274, 30275, 30278, 30391(b)(3), 30392, 30396 and 30393, all of this title, which should have been withheld and deposited within the term established in §§ 30041 et seq. of this title, there shall be imposed on such person, in addition to any other penalties imposed under the Code, a penalty of two percent (2%) of the sum total of the insufficiency if the omission persists for thirty (30) days or less, and an additional two percent (2%) for any additional term of thirty (30) days or fraction thereof while the omission persists, not to exceed twenty-four percent (24%) in total.
(b) For purposes of this section, the term “insufficiency” means the excess of the amount of taxes that should have been deposited over the amount, if any, of the same which was deposited not later than the date established therefor. For purposes of this section, the omission shall not be deemed to persist after the date such taxes are paid.
History —Jan. 31, 2011, No. 1, § 6041.01, retroactive to Jan. 1, 2011; Dec. 10, 2011, No. 232, § 160.