Exempt From Payment Of Tax Income To The Designated Companies In The Article 4 Of The Act Of Execution Adopted With Peru, Dated 13 November 1999, In Cases That Indicates

Original Language Title: EXIME DEL PAGO DE IMPUESTO A LA RENTA A LAS EMPRESAS DESIGNADAS EN EL ARTICULO 4 DEL ACTA DE EJECUCION ADOPTADA CON EL PERU, CON FECHA 13 DE NOVIEMBRE DE 1999, EN LOS CASOS QUE INDICA

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"Sole article.-income from companies designated in article 4 of the Act of execution agreed with the Republic of Peru, on November 13, 1999, will be exempt from taxes of the income tax Act, provided for by article 1º of Decree Law No. 824 of 1974, with respect to those operational revenues coming from activities of transport and storage on the malecon" developed under the regime of freedom of movement for people, goods and arms, those companies made in settlements and planned areas in the Treaty of Lima in 1929, and its supplementary Protocol.
The Director of the internal revenue service will issue instructions deemed necessary to comply with the provisions of this law, especially in what refers to the separation of operations and subject to different procedures or tax regimes results. "."