Reformed Tax Law Transfer Of Movable And Servicing.

Original Language Title: REFÓRMASE LA LEY DE IMPUESTO A LA TRANSFERENCIA DE BIENES MUEBLES Y A LA PRESTACIÓN DE SERVICIOS.

Read the untranslated law here: http://www.asamblea.gob.sv/eparlamento/indice-legislativo/buscador-de-documentos-legislativos/reformase-el-literal-i-del-art.45de-la-ley-de-impuestos-a-la-transferencia-de-bienes-muebles-y-a-la-prestacion-de-servicios/archivo_documento_legislativo



1

DECREE No. 498 THE LEGISLATURE OF THE REPUBLIC OF EL SALVADOR, CONSIDERING
:
I.- by Legislative Decree No. 296, dated July 24, 1992, published in the Official Gazette No. 143, Volume No. 316, 31 of the same year, the Tax Law Transfer of Movable Property and Provision of Services was issued.
II.- That Article 45, paragraph i) provides, inter alia, that that tax be exempt from import and final internments of buses, microbuses and rental vehicles dedicated to public passenger transport.
III.- That is appropriate to extend the scope of that exemption, with the purpose of benefiting the owners of buses, minibuses and rental vehicles, in order to encourage users of public passenger transport.
IV.- That for the reasons stated above, it is necessary to amend Article 45, paragraph i) of the Tax Law Transfer of Movable Property and Provision of Services aforementioned.
THEREFORE,
in exercise of its constitutional powers and initiative of Deputies Mariela Peña Pinto, Lorena Guadalupe Peña Mendoza and Norma Guevara of Ramirios Fidelia, and Orestes Fredesman Deputies Ortez Andrade, Rolando Mata and Jose Mauricio Rivera . DECREES
:
Art. 1. reformed the literal i) of Article 45 and:
"i) Buses, microbuses and rental vehicles dedicated to public passenger transport. Enjoy the same benefit domain transfers made importers of such cars, in favor of subjects engaged in public passenger transport. Buses, microbuses and rental vehicles referred to in this subparagraph shall meet the necessary features that, for purposes of distinction, point to the Land Transport Regulation. Automotive indicated may only be transferred until after five years of legalizing internment and corresponding legal permit importation or purchase, as applicable; if they are transferred in this period will pay the import tax and the new purchaser will pay the tax, internal transfer, pursuant to the provisions of Art. 71 of this Law. "
Art. 2. This Decree shall enter into force eight days after its publication in the Official Journal.
2

GIVEN IN THE BLUE ROOM OF THE LEGISLATIVE PALACE: San Salvador, on the nineteenth day of September in the year two thousand and thirteen.
OTHON Sigfrido Reyes Morales, president.
ALBERTO ROMERO ARMANDO RODRIGUEZ, GUILLERMO ANTONIO NAVARRETE GALLEGOS, FIRST VICE. SECOND VICE PRESIDENT.
MERINO JOSE FRANCISCO LOPEZ, FRANCISCO ROBERTO DURAN LORENZANA, THIRD VICE. FOURTH VICE.
ROBERTO JOSE d'Aubuisson MUNGUIA, FIFTH VICE.
PEÑA LORENA GUADALUPE MENDOZA, CARMEN ELENA CALDERON SOL DE ESCALON, First Secretary. Second Secretary.
SALGADO SANDRA MARLENE GARCIA, JOSE RAFAEL MACHUCA Zelaya, Third Secretary. Fourth secretary.
IRMA VASQUEZ PALACIOS LOURDES, MARGARITA ESCOBAR, FIFTH SECRETARY. SIXTH Secretariat. JOSE FRANCISCO
ZABLAH SAFIE, REYNALDO ANTONIO LOPEZ Cardoza seventh Secretary. EIGHTH SECRETARY.
PRESIDENTIAL HOUSE: San Salvador, on the fourteenth day of October in the year two thousand and thirteen.
Published, Carlos Mauricio Funes Cartagena
, President of the Republic.
Juan Ramon Caceres Carlos Enrique Chavez, Minister of Finance.
Tomo OJ No. 195 No. 401 Date: October 21, 2013 JQ
/
geg 11/18/2013 LEGISLATIVE INDEX