As part of the Agreement, the Treasury and the municipalities will share sensitive information.  In particular, the Treasury and the municipalities will share the amount of SUT reported by businesses in their monthly returns.  The Treasury and the municipalities will also share copies of any reports or audits carried out by the other.  Given that the SUT tax base and exemptions are similar, the Treasury and the municipalities will be better equipped to ease SUT fiscalization in order to tackle tax evasion and increase SUT revenues.

The Treasury has indicated that 37 municipalities have entered into the agreement, specifically:

Aguada Aguadilla Aguas Buenas Aibonito Arecibo Arroyo Barceloneta Cabo Rojo Caguas Carolina Ceiba Coamo Dorado

Fajardo Guayanilla Hatillo Hormigueros Humacao Isabela Jayuya Juana Díaz Juncos Lajas Naranjito Orocovis

Sabana Grande Salinas San Germán San Lorenzo Toa Baja Trujillo Alto Vega Baja Vieques Yabucoa Patillas Ponce Río Grande

The Secretary of the Treasury, the Hon. Juan Zaragoza Gómez, has indicated that the Treasury will continue to aggressively pursue businesses that do not remit the SUT, including the continuing issuance of tax liens, giving greater emphasis on information technology, and publishing lists of current debtors in Puerto Rico newspapers.  The Secretary added that the Agreement is just the first step in working in conjunction with the municipalities to reinforce information sharing and SUT fiscalization.