Puerto Rico sets its 2020 contribution rates
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Thursday, March 12, 2020

Puerto Rico sets its 2020 contribution rates

By Payroll and Entitlements Editorial Staff

Effective January 1, 2020, contribution rates for Puerto Rico are listed under Tax Rate Schedule B. Rates under this schedule range from 1.2% to 4.3% for positive-balance employers and from 4.4% to 5.4% for negative-balance employers. New employers pay 2.8% in 2020. The 1.0% special tax remains in effect this year (DOL Communication).

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