what is the state tax in puerto rico
6%
title: Taxation in Puerto Rico text: rate at municipal level. The adoption of the municipal tax was mixed. The tax went into effect on November 15, 2006. Since the tax reform of July 2007, the tax is applied in all 78 municipalities of the island and at Commonwealth level. On February 6, 2008, the governor of the island proposed to remove the state part of the IVU. Also, with the February 6, 2008 changes, the tax rates are now 6% at the state level and 1% at the municipal level. On July 1, 2015, the sales tax rate was increased to 11.5%, in response to the title: Taxation in Puerto Rico text: in Puerto Rico is the Internal Revenue Code of Puerto Rico (Spanish: "Código de Rentas Internas de Puerto Rico"). The code organizes commonwealth laws covering commonwealth income tax, payroll taxes, gift taxes, estate taxes and statutory excise taxes. On July 4, 2006, the government approved Law Number 117, The 2006 Contributive Justice Law, establishing a tax with a 5.5% rate at state level and an optional 1.5% rate at municipal level. The tax went into effect on November 15, 2006. The tax is better known as the "Sales and Use Tax"' ("Impuesto sobre Ventas y Uso"), often referred to by title: Puerto Rico Sales and Use Tax text: Puerto Rico Sales and Use Tax The Puerto Rico Sales and Use Tax (SUT, , IVU) is the combined sales and use tax applied to most sales in Puerto Rico. The tax is composed of two portions: 1.5% that belongs to the municipality where the sale was executed, and 5.5% that belongs to the state government. Furthermore, half of the portion that belongs to the state government is destined to the Urgent Interest Fund Corporation (COFINA) to pay the public debt of Puerto Rico, making it a three-tier tax. On July 4, 2006, the government approved Law Number 117, The title: Internal Revenue Code (Puerto Rico) text: Internal Revenue Code (Puerto Rico) The Internal Revenue Code of Puerto Rico (Spanish: "Código de Rentas Internas de Puerto Rico") is the main body of domestic statutory tax law of Puerto Rico organized topically, including laws covering income taxes, payroll taxes, gift taxes, estate taxes, and statutory excise taxes. On July 4, 2006, the government approved Law 117, the 2006 Contributive Justice Law. It established a 5.5% state tax and an optional 1.5% municipal tax. It came into effect on November 15, 2006. The tax is better known as the "Impuesto sobre Ventas y Uso" (Sales and Use Tax) or title: Puerto Rico Sales and Use Tax text: at the state level and 1% at the municipal level. On February 6, 2008 the governor of the island proposed to remove the state part of the IVU. Puerto Rico Sales and Use Tax The Puerto Rico Sales and Use Tax (SUT, , IVU) is the combined sales and use tax applied to most sales in Puerto Rico. The tax is composed of two portions: 1.5% that belongs to the municipality where the sale was executed, and 5.5% that belongs to the state government. Furthermore, half of the portion that belongs to the state government is destined to the Urgent