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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.

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LEGISLATTIVE ASSEMBLY - REPUBLIC _____________________________________________________________________________________

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DECEMBER No. 498

THE LEGISLATIVE ASSEMBLY OF THE REPUBLIC OF THE SALVADOR,

CONSIDERING:

I.- That by Legislative Decree No. 296, dated 24 July 1992, published in Official Gazette No. 143, Volume No. 316, of 31 of the same month and year, the Law of Tax on the Transfer of Furniture Property and the Provision of Services was issued.

II.- That article 45, paragraph (i), establishes, among others, that the final imports and placements of buses, microbuses and rental vehicles dedicated to the public transport of passengers shall be exempt from the tax.

III.- It is appropriate to extend the scope of such exemption, with the purpose of benefiting the owners of buses, microbuses and rental vehicles, with the purpose of favoring the users of the public transport of passengers.

IV.- That for the above reasons, it is necessary to reform article 45, paragraph (i), of the Law on Tax on the Transfer of Furniture Property and on the Provision of Services referred to above.

TANTO,

in the use of its constitutional powers and at the initiative of the Deputies Mariela Peña Pinto, Lorena Guadalupe Peña Mendoza and Norma Fidelia Guevara de Ramirios, and of the Orestes Fredesman Ortez Andrade, Rolando Mata and José Mauricio Rivera.

RIGHT:

Art. 1.- Refer to article 45 (i), as follows:

“i) Buses, buses and rental vehicles dedicated to public passenger transport. Of the same benefit will enjoy the domain transfers made by the importers of such motors, in favor of subjects dedicated to the public transport of passengers. The buses, microbuses and rental vehicles referred to in this verbatim should bring together the necessary characteristics that, for the purposes of their distinction, indicate the Terrestrial Transport Regulations. The indicated automotives may only be transferred until after five years of the legalization of institutionalization and corresponding legal permit of their importation or acquisition, as appropriate; if they are transferred in that period they will pay the import tax, and the new acquirer will pay the tax, for internal transfer, in accordance with the provisions of Art. 71 of this Law. ”

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

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LEGISLATTIVE ASSEMBLY - REPUBLIC _____________________________________________________________________________________

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DADO en EL SALON AZUL DEL PALACIO LEGISLATIVE: San Salvador, at the nineteenth day of September of the year two thousand thirteen.

OTHON SIGFRIDO MORALES, PRESIDENT.

ALBERTO ROMERO RODRIGUEZ, GUILLERMO ANTONIO GALLEGOS NAVARRETE, FIRST VICEPRESIDENT. SECOND VICEPRESIDENT.

JOSE FRANCISCO MERINO LOPEZ, FRANCISCO ROBERTO LORENZANA DURAN, TERCER VICEPRESIDENT. VICEPRESIDENT FOURTH.

ROBERTO JOSE d’AUBUISSON MUNGUIA, QUINTO VICEPRESIDENT.

LORENA GUADALUPE PEÑA MENDOZA, CARMEN ELENA CALDERON SOL DE ESCALON, FIRST SECRETARIAT. SECOND SECRETARIAT.

SANDRA MARLENE SALGADO GARCIA, JOSE RAFAEL MACHUCA ZELAYA, TERCERA SECRETARIA. SECRETARY FOURTH.

IRMA LOURDES PALACIOS VASQUEZ, MARGARITA ESCOBAR, QUINTA SECRETARIA. SECRETARY SIX.

FRANCISCO JOSE ZABLAH SAFIE, REYNALDO ANTONIO LOPEZ CARDOZA, SEPTIMO SECRETARIO. OCTAVO SECRETARY.

CASA PRESIDENCIAL: San Salvador, on the fourteenth day of October of the year two thousand thirteen.

PUBLIQUESE,

Carlos Mauricio Funes Cartagena, President of the Republic.

Juan Ramón Carlos Enrique Cáceres Chávez, Minister of Finance.

D. O. No. 195 Volume No. 401 Date: October 21, 2013

JQ/geg 18-11-2013

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