P.R. Laws tit. 21, § 5190
2019-02-20 00:00:00+00
Any person who in order to avail him/herself of the benefits of the tax exemption authorized by §§ 5185–5191 of this title, presents any fraudulent statement, evidence or information, or fails to present or conceals the true details that will allow the Collection Center to make a correct computation of the exemption authorized by §§ 5185 and 5191 of this title, shall incur a felony and upon conviction shall be sanctioned with a fine of three thousand dollars ($3,000) or imprisonment for three (3) years, or both penalties, at the discretion of the court.
History —Aug. 30, 1991, No. 83, § 5.40, renumbered as § 5.41 and amended on Act Aug. 6, 1992, No. 45, §§ 5, 8.