Puerto Rico has enacted a tax amnesty program that will run through February 29, 2012, or a later date pursuant to the Act. Interest, penalties, surcharges, and any other additions to tax are waived for any taxpayer that pays the tax owed to the Government of Puerto Rico in full before the amnesty cutoff date. The tax amnesty program applies to income tax, inheritance and gift tax, and special real property tax. The Act also provides a mechanism to dispute debts. (Act No. 218, Laws 2011, effective November 7, 2011)