Reforming The Law On Taxes To The Economic Activity Of The Municipality Of Chinameca, Department Of San Miguel.

Original Language Title: REFÓRMASE LA LEY DE IMPUESTOS A LA ACTIVIDAD ECONÓMICA DEL MUNICIPIO DE CHINAMECA, DEPARTAMENTO DE SAN MIGUEL.

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ASSEMBLY-REPUBLIC OF EL SALVADOR ____________________________________________________________________

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DECREE NO 727

THE LEGISLATIVE ASSEMBLY OF THE REPUBLIC OF EL SALVADOR,

CONSIDERING:

I.-That by means of Legislative Decree No. 266 dated February 4, 2010, published in Official Journal No. 37, Volume No. 386, of the 23rd of the same month and year, the Law of Municipal Taxes was issued to the Activity Economic of the Municipality of Chinameca, Department of San Miguel.

II.-That in the provisions of Art. 204 number 6 of the Constitution of the Republic and Art. 2 of the General Tax Law, it establishes the general principles or principles for the Municipalities to exercise their own initiative of Law, in order to elaborate and propose their Law of Municipal Taxes to the Legislative Assembly.

III.-That in the current wording of the Law cited above, no operative event is established and a specific tax base in respect of the economic activities by generation of electric power; as is the case, of other Municipalities developing a specific regulation for such economic activities, which They are uniform in all the municipalities that hold passive electric power generators.

IV.-That is convenient to the interests of the Municipality of Chinameca, Department of San Miguel, to reform the Law of Municipal Taxes in its Article 14, in order to obtain a better collection from the application of this Law, for the benefit of its citizens thus contributing to local development.

BY TANTO,

in use of the Constitutional and initiative faculties of the Municipal Council of Chinameca, Department of San Miguel and the Deputy Edgar Escolan Batse.

DECCRETA, the following:

Reform of the Municipal Tax Law to the Economic Activity of the Municipality of Chinameca, Department of San Miguel, approved by Legislative Decree No. 266 dated February 4, 2010, published in Official Journal No 37, Volume N ° 386, of the 23rd of the same month and year.

Art. 1.-Reform of Art. 14, as follows:

" Art. 14.-The electricity generating companies within the Municipality, will pay in tax, a fixed rate of ten thousand dollars from the United States of America ($10,000.00), plus twenty-five cents of the United States of America America ($0.25) per megawatt hour produced injected into the electrical system to which they are incorporated, either transmission or distribution. For the verification of the megawatts/hour, the Municipality shall be provided with the power generating company a monthly report of the Unit of Transactions S. A. of C. V. known

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LEGISLATIVE ASSEMBLY-REPUBLIC OF EL SALVADOR ____________________________________________________________________

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as UT.

In case of no generation, electricity generating companies will only pay the Municipality the monthly fixed rate of ten thousand dollars from the United States of America ($10,000.00), provided they have assets within the Municipality.

Energy generating companies that own facilities within the Municipality of Chinameca will pay in municipal tax and from the time of the present article, the tax for the generation of electric power. "

Art. 2.-This Decree will enter into force eight days after its publication in the Official Journal.

GIVEN IN THE BLUE HALL OF THE LEGISLATIVE PALACE: San Salvador, ten days of the month of July of the year two thousand fourteen.

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.

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ASSEMBLY-REPUBLIC OF EL SALVADOR ____________________________________________________________________

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PRESIDENTIAL HOUSE: San Salvador, at the twenty-two days of July of the year two thousand fourteen.

PUBESQUIESE,

Salvador Sánchez Cerén, President of the Republic.

Ramón Aristides Valencia Arana, Minister of Government and Territorial Development.

D. O. No. 138 Took No. 404 Date: July 25, 2014

JQ/geg 01-09-2014

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