Read the untranslated law here: http://www.gacetaoficialdebolivia.gob.bo/index.php/normas/verGratis_gob2/48273
LAW of 14 December 1942 release of Impuestos.a€ "Aqua © rdase companies established in the Paa-s to industrialize agriculture, livestock-a and its derivatives."
MINISTRY OF FINANCE HENRY PEA'ARANDA C.
President constitutional of the Repašblica as, the H. Congress national has sanctioned the following law: the Congress national, DECREED: Arta-culo 1a ° a€ "them new companies that are established in the Paa-s, with capital not lower to five hundred thousand Bolivian (Bs.)" 500,000. â €"), with order to industrialize agriculture, livestock-a and its derivatives, using more machines, improving the technique of its exploitation or manufacture products Agra-tail-ranchers, are exempt from all taxation national, departmental and municipal, with exception of the cadastre, for the time of five years, computable from the registration of the company in the Bureau of internal revenue.!"
Is Excepta ° of the benefits of this law the f bricas de alcohol, spirits, cigars and cigarettes.
Arta-culo 2a ° a€ "are equally free of rights customs, according to the law of 10 of June of 1932, the entry of machinery, implements and accessories industrial that should import is by them different customs of the Repa ° public, for uses of them activities industrial covered in the Arta-culo first."
Arta-culo 3a ° â €"to qualify for the benefits of this law, shall n accredited before the ministries of finance and Treasurer - a, Sega º n cases, as follows: found paid capital of the new company, even to the extent determined by the 1a ° Arta-culo Ma-nima.!"
Own titles public and restructured domain of the farm where should run the company or testify inscribed on real rights, writing of the same farm lease by the Ma-nimum of time of 10 years.
Present a study the company technical and its forms of subsequent development, approved by the mara Agropecuaria. CA of the district where it should operate
Accompany witness to the deed of Constitution social, if the company is of this A-advising, accompanies moving certificate to be registered in the register and in the register of industries, to the bureaus of internal revenue.
Arta-culo 4Â ° â €"the Government granted facilities of entry provided for in this law, and customs administrators, must give way to machinery and implements in view of the original invoices and import policies, provided that ã © stas come drafted in accordance with the regulations."
Arta-culo 5Â ° â €"the entry of seeds, plants and Pa degrees as for ingertar will be free and do not require of Tra customs limit whatsoever.!"
Arta-culo 6a ° â €"the power Executive Reglamentara this Act taking into consideration the modalities and special anti-wear-features of each industrial area of Paa-s."
Commune-that will to power Executive, for constitutional purposes.
Session of the H. Congress Hall.
Peace, November 28, 1942.
W Belmonte Pool.a€ "Roberto JordÃ n Cua © llar. â €" Julio Pantoja Estenssoro, Senator Secretario.a€ "F. Capriles, Senator Secretario.a€" E. monastery, Deputy Secretario.a€ "Walker Huma © rez, Deputy Secretary.!"
I therefore enacted it so you have and observe as the law of the Republic.
Government Palace, in the city of La Paz, to the fourteen day-as of the month of December of nineteen hundred years cuarentidós.
GRAL. PEA'ARANDA. â €"Joaqua-n sword."
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