Exonerated From Paying Taxes, By The Introduction To The Country Of A Vehicle For Association "lumen 2000 Of El Salvador".

Original Language Title: EXONÉRASE DEL PAGO DE IMPUESTOS, POR LA INTRODUCCIÓN AL PAÍS DE UN VEHÍCULO, A FAVOR DE LA ASOCIACIÓN “LUMEN 2000 DE EL SALVADOR".

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$20 per month, or Get a Day Pass for only USD$4.99.

LEGISLATIVE ASSEMBLY-REPUBLIC OF EL SALVADOR ____________________________________________________________________

1

DECREE NO 794

THE LEGISLATIVE ASSEMBLY OF THE REPUBLIC OF EL SALVADOR,

CONSIDERING:

I.-That the "Lumen 2000 Association of El Salvador" is an apolitical and non-profit institution, whose objectives, among others, are to disseminate cultural, human, moral and ethical values through the media (i) to ensure that they reach the widest possible audience, without distinction of race, sex or nationality.

II.-That for the purpose of raising funds for the achievement of their objectives, they will introduce to the country a vehicle, which will be later raffled.

III.-That according to the faculties that to this Legislative Assembly It confers on it the Constitution of the Republic, and with the objective of contributing to the fact that the aforementioned institution complies with its objectives, it is appropriate to exonerate the payment of taxes, including bodegaje, that can cause the introduction to the country of the mentioned auto and the raffle of the same.

BY TANTO,

in use of its Constitutional powers and The initiative of the Diputados Claudia Ramírez, Carmen Elena Calderón de Escalón and the Deputies Sigifredo Ochoa Pérez and Roberto José d' Aubuisson Munguía.

DECRETA:

Art. 1.-Exonerase of the payment of taxes, including bodegage, except for the Tax on the Transfer of Furniture and Services (VAT), which can cause the introduction to the country of a vehicle, as well as the raffle of the same, in favor of the "Association Lumen 2000 of El Salvador", which is of the following characteristics: Brand: Nissan; model: R52L-1406 PATHFINDER ADVANCE 3.5L 4X4 CVT GAS 7 PA; capacity: 7 seats; colour: grey; year: 2015; engine number: VQ35578409Y; chassis number recorded: 5N1AR2MM6EC6EC6EC78109; chassis number vin: 5N1AR2MM6EC678109; fuel: gasoline; type: rustic.

The exemption granted is without prejudice to the surveillance and control to be exercised by the respective tax agencies. The representatives of the Association will also have to present to this Assembly within 30 days after the event, a duly signed and sealed report by a responsible auditor, on the income obtained and the distribution of same.

Art. 2.-This Decree shall enter into force from the day of its publication in the Official Journal.

GIVEN IN THE BLUE HALL OF THE LEGISLATIVE PALACE: San Salvador, at the four days of September of the year two thousand fourteen.

___________________________________________________________________ LEGISLATIVE INDEX

LEGISLATIVE ASSEMBLY-REPUBLIC OF EL SALVADOR ____________________________________________________________________

2

OTHON SIGFRIDO REYES MORALES, PRESIDENT.

ENRIQUE ALBERTO LUIS VALDEZ SOTO, GUILLERMO ANTONIO GALLEGOS NAVARRETE, FIRST VICE PRESIDENT. SECOND VICE-PRESIDENT.

JOSÉ FRANCISCO MERINO LÓPEZ, LORENA GUADALUPE PEÑA MENDOZA, THIRD VICE PRESIDENT. FOURTH VICE-PRESIDENT.

CARLOS ARMANDO REYES RAMOS, FIFTH VICE PRESIDENT.

GUILLERMO FRANCISCO MATA BENNETT, MANUEL VICENTE MENJÍVAR ESQUIVEL, FIRST SECRETARY. SECOND SECRETARY.

SANDRA MARLENE SALGADO GARCÍA, JOSÉ RAFAEL MACHUCA ZELAYA, THIRD SECRETARY. FOURTH SECRETARY.

IRMA LOURDES PALACIOS VÁSQUEZ, ERNESTO ANTONIO ANGULO MILLA, FIFTH SECRETARY. SIXTH SECRETARY.

FRANCISCO JOSE ZABLAH SAFIE, JOSE SERAFIN ORANTES RODRIGUEZ, SEVENTH SECRETARY. EIGHTH SECRETARY.

CASA PRESIDENTIAL: San Salvador, at the nineteenth day of the month of September of the year two thousand fourteen.

PUBESQUIESE,

Salvador Sánchez Cerén, President of the Republic.

Juan Ramón Carlos Enrique Cáceres Chávez, Minister of Finance.

D. O. No. 176 Took No. 404 Date: September 24, 2014

PCH/geg 22-10-2014

___________________________________________________________________ LEGISLATIVE INDEX

LEGISLATIVE ASSEMBLY-REPUBLIC OF EL SALVADOR ____________________________________________________________________

3

___________________________________________________________________ LEGISLATIVE INDEX