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Puerto Rico Tax Information

11.5% SUT

SUT (Sales and Use Tax) is 11.5% (10.5% state + 1% municipal). US federal tax applies. EIN or SSN required.

Blockchain Developer Services to Invoice

  • Smart contracts
  • DApp development
  • Token creation
  • Security audits
  • Web3 integration
  • NFT development
  • Protocol work

Invoice Requirements in Puerto Rico

EIN or SSN
Merchant registration
Client details
Invoice number
SUT breakdown
Total in USD

Payment Terms

Milestone payments. Consider accepting crypto payments with specified tokens.

Net 30Net 15Due on Receipt2/10 Net 30

Payment Methods in Puerto Rico

Bank TransferACHBanco PopularCredit CardPayPal

Blockchain Developer Invoice Tips

  • Reference contract addresses
  • Include audit reports
  • Document gas costs
  • Note testnet vs mainnet
  • Track deployment fees

Frequently Asked Questions

What tax rate applies to blockchain developer invoices in Puerto Rico?

Puerto Rico has 11.5% SUT. SUT (Sales and Use Tax) is 11.5% (10.5% state + 1% municipal). US federal tax applies. EIN or SSN required.

What payment methods are common for blockchain developers in Puerto Rico?

Common payment methods in Puerto Rico include: Bank Transfer, ACH, Banco Popular, Credit Card, PayPal. Milestone payments. Consider accepting crypto payments with specified tokens.

What should blockchain developer invoices include in Puerto Rico?

Your invoice should include: EIN or SSN, Merchant registration, Client details, Invoice number. For blockchain developer services specifically, also include: Smart contracts, DApp development, Token creation.

Should blockchain devs accept crypto?

Many do. Specify accepted tokens and wallet addresses clearly.

How to handle gas fees?

Pass through at cost or include estimate in project pricing.

What tax applies in Puerto Rico?

Puerto Rico has 11.5% SUT (Sales and Use Tax). As US territory, federal income tax exemptions apply but local taxes exist.