Taxes. -Created For The Universities Of Potosí And Oruro.

Original Language Title: IMPUESTOS. —SE CREAN PARA LAS UNIVERSIDADES DE POTOSÍ Y ORURO.

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November 20, 1947 law

TAXES. †"Are created for the Universities of PotosA-and Oruro.

ENRIQUE HERTZOG G.

CONSTITUTIONAL PRESIDENT OF THE REPAsBLICA

For the Honorable National Congress has sanctioned the following Law:

THE H. NATIONAL CONGRESS,

DECCRETA:

ArtA-culo 1o.†"Crément to the Treasures of the Universities" TomA ¡ s FrA-as " de PotosA-y Univeridad TA©cnica de Oruro, the following conditions:

a) Tax Additional two Bolivians (Bs. 2. †") (b) Additional tax on the export of minerals, produced in both Departments.

c) Ten percent (10%) on the value of each road-loan ticket sold in both Departments.

d) Bs. 4% on the difference between the current cadastral value and the purchase-sale value of urban and ruse properties located in both Departments. This percentage will be covered when buy-to-sell operations are performed in different departments.

e) Bs. 0.40% on commercial, industrial and mining utilities. Excluded from the payment of this tax are the miners and the merchants and industrialists who rotate with a capital of less than fifty thousand Bolivians.

f) Additional tax of Bs.1.â € " on beer bottle consumed in the Department of PotosA-, with the exception of Oruro.

g) Tax of Bs. 0.20 on packs of cigarettes of national manufacture, except those for manual preparation (torcer cigarettes) and Bs. 1.a € "and 2.â€" respectively, on cigarette packs and Foreign manufacture sheet cigars consumed in both Departments.

h) Tax of Bs. 2% on the amount of wages paid in foreign currency in the Departments of PotosA-and Oruro, for whose settlement the declaration of income will be accepted. The companies and employers will be the agents in charge of forwarding monthly the proceeds to the Univeritarian Treasures of PotosA-and Oruro.

ArtA-culo 2o.†"The taxes collected in the Department of PotosA, coming from this law, without exception, will benefit exclusively the University Treasury of the University" TomA ¡ s FrA-as ". (b), (c), (d), (e), (g) and (h), collected in the Department of Oruro, will benefit the Treasury of the University of Oruro.

ArtA-culo 3o.†" These taxes do not exclude or modify those created with

ArtA-culo 4o.†" The Executive Branch will regulate this law.

Communicate to the Executive Branch for constitutional purposes.

Session of the H. National Congress.

La Paz, November 8, 1947.

M. Urriolagoitia. †" A. LandA-var Ribera. †" M. Mogro Moreno, Senator Secretary. †" N. GarcA-a ChA, Senator Secretary. †" P. MontaA ± o, Deputy Secretary. †" A. Camacho Pábércel, Deputy Secretary.

BY TANTO: the law for the law of the Republic of the Republic of the Republic.

Government Palace in the city of La Paz, at twenty days of the month of November of a thousand nine hundred and forty and seven years.

E. HERTZOG. †" A. Mollinedo.