P.R. Laws tit. 21, § 651q
(a) Immediate assessment.— Whenever a person is declared bankrupt in any bankruptcy proceeding, or whenever a receiver is appointed for any person in any judicial proceeding, any deficiency (together with interest, additional amounts or additions to the license tax provided by law) determined by the Finance Director with regard to a license tax imposed under §§ 651–652y of this title on said person, shall be assessed immediately, notwithstanding the provisions of subsection (a) of § 651o of this title, if said deficiency has not been assessed, pursuant to law, until then. In said cases, the receiver shall advise the Finance Director in writing, of the adjudication in bankruptcy or receivership, and the term of prescription to assess shall be interrupted for the period comprised between the adjudication of bankruptcy or the commencement of receivership, until thirty (30) days after the date said notice by the receiver has been received by the Finance Director; but the interruption under this provision shall not, in any case, be for a period greater than two (2) years. Claims for the deficiency and said interest, additional amounts, or additions to the license tax, may be presented to the court before which the bankruptcy or receivership is pending to be decided pursuant to law, notwithstanding the fact that the proceeding on the assessed deficiencies is pending before the Court of First Instance.
(b) Unpaid claims.— Any portion of the claim granted in said bankruptcy or receivership proceeding which is not paid, shall be paid by the person upon notice and demand by the Finance Director at the end of said proceeding, and it may be collected by constraint or suit within a period of five (5) years after the end of said bankruptcy or receivership proceeding. Extensions of time for said payment may be obtained in the same manner and subject to the same provisions and limitations as provided in §§ 651o(h) and 651y this title in the case of a deficiency in any tax levied under §§ 651–652y of this title.
History —July 10, 1974, No. 113, Part 1, p. 371, § 18; Nov. 17, 1992, No. 93, § 12.