Law Of December 4, 1947

Original Language Title: LEY DE 4 DE DICIEMBRE DE 1947

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Read the untranslated law here:

LAW OF 4 OF DECEMBER OF 1947 RELEASE OF TAXES. â €"is given to all new manufacturing industry to settle in the Dep. Santa Cruz.
ENRIQUE HERTZOG G. Constitutional President of the Repašblica since, the Honorable National Congress has sanctioned the following law: the H. Congress national DECREES: Arta-culo €1oa "all new manufacturing industry established in the Department of Santa Cruz, with one capital of Bs.100.000.-remain freed from national, departmental and municipal taxes with the exception of personal income whichever your concept, by a PEAR-period of three years, which are computed n from dÃ-a industry begins to produce; but the PEAR-odo of organization of the FA factory not may exceed two years. They are excepted from these releases, the FA bricas of alcohols, spirits, beers, wines and spirits spirits.
Arta-culo € 2o.a "Asa - national, departmental and municipal taxes and the six per cent on sales, with the exception of the services of storage, Movilizacia³n and Estada-feature, all the imported machines to the same Department for the purpose expressed in the first Arta-culo are released.
Arta-culo 3o-constructions and buildings that are carried out in for the operation of new industries in the Santa Cruz Department, handle - like grounds on which raise are those remain n equally liberated from all national, departmental and municipal taxes by a PEAR-period of three years.
Arta-culo 4o.a€ "the power Executive Reglamentara this law.
Commune-contact to the Executive for constitutional purposes.
Session of the H. Congress Hall.
Peace, on November 17, 1947.
M. Urriolagoitia. ⠀"A. Landa-var Bank." ⠀"A. Sarti, Senator Secretary ⠀" P. Saucedo Barbera-, Senator Secretary. ⠀"P." Montaño, Deputy Secretary. ⠀"A. Camacho Pórcel, Deputy Secretary.
THEREFORE: I enacted it is and meets as a law of the Republic Republic Government Palace, in the city of La Paz, to the four decades-as of the month of December one thousand nine hundred forty-seven years.
E HERTZOG. â €"C. Guachalla.