Regime Of Rate Zero In The Value Added Tax For The Sale Of Minerals And Metals In The First Phase Of Marketing

Original Language Title: RÉGIMEN DE TASA CERO EN EL IMPUESTO AL VALOR AGREGADO PARA LA VENTA DE MINERALES Y METALES EN SU PRIMERA FASE DE COMERCIALIZACIÓN

Read the untranslated law here: http://www.gacetaoficialdebolivia.gob.bo/index.php/normas/verGratis_gob2/139625

Law No. 186 law of 17 November 2011 EVO MORALES AYMA President constitutional of the PLURINATIONAL State of BOLIVIA, by how much, the plurinational Legislative Assembly, has sanctioned the following law: the Assembly Legislative PLURINATIONAL, DECREES:? REGIME OF RATE ZERO IN THE VALUE ADDED TAX FOR THE SALE OF MINERALS AND METALS IN THE FIRST PHASE OF MARKETING?
Article 1.
I starting from the entry into force of this law, sales domestically of minerals and metals in the first stage of marketing, mining cooperatives, including primary producers who produce in traditional way and subject to contract with the State, in accordance to the article 369 of the political Constitution of the State, included in the object of the tax to the value Agregado-IVA a regime of zero in this tax rate will be applied.
II. in the following stages of marketing of minerals and metals made in the market internal, is apply the rate general of the tax to the value added? VAT compliance establishes title I of the text ordered of the law No. 843.
Article 2.
I joined as article 177 bis. Law No. 2492 of 2 August 2003, Bolivian tax code, the following text:? Article 177 bis. The buyer in the domestic market, including intentionally, retain or transfer the amount of an indirect tax in the sale price, affecting the same to the seller, whose amount is obtained a benefit lower than UFV´s 10,000.-ten thousand units of building housing, will be punished with progressive fines and special disqualification to be established by regulation. When the amount is equal to or greater than the UFV´s 10,000.-ten thousand units of building housing, apart from the described sanctions shall apply a penalty of (3) three to (6) six years of deprivation of liberty. The amount is understood to refer to each of the concepts for whatever a taxable transactions subject to liquidation.?
II. in order to exercise control over this standard in the domestic market of minerals and metals, the national tax service? WITHOUT and the national service of registration and Control of the marketing of minerals and metals - SENARECOM, respectively, regulate and apply necessary control and control measures.
Article 3. In order to avoid that the present regime benefits entities that do not have the structure or purpose of the mining cooperatives or craft primary producers subject to contract with the State, the Executive Branch by Supreme Decree will regulate the applicable classification parameters, whereas to effect their purpose, nature, characteristics and organizational structure.
Article 4. The treatment established in this standard shall apply to all subjects that are registered in the number of tax identification - NIT, and empadronen in the term determined by the rules in this record, for this purpose national tax service - without, adapt its broadcast to this standard.
Article 5.
I. the executive organ shall regulate this standard within the period of sixty (60) days from its publication.
II. this law shall become effective from the first day of the month following the publication of the regulatory Supreme Decree.
Refer to the Executive Branch, for constitutional purposes.
Two thousand eleven is given in the room of sessions the Assembly Legislative multinational, to the first day of the month of November of the year.
FDO. Martha Poma Luque, Flora Aguilar Fernández, Jeanine Añez Chavez, Carmen García M., Agripina Ramirez Nava, Angel David Cortés Villegas.
I therefore enacted it is and meets as a law of the plurinational State of Bolivia.
City of La Paz, the seventeenth day of the month of November of two thousand eleven years.

FDO. EVO MORALES AYMA, Carlos Romero Bonifaz, Luis Alberto Arce Catacora, José Antonio Pimentel Castillo.