1 index Legislative Decree Nº 154 LA Legislative Assembly of the Republic of EL SALVADOR, considering: I.-that the income tax Act was issued by Legislative Decree No. 134 of dated December 18, 1991, published in the Official Journal No. 242, volume no. 313, of 21st of that same month and year,.
II. that by means of Decree legislative No. 957, of December 14, 2011, published in the Official Journal No. 235, volume no. 393, 15 of that same month and year, he joined the tax law on income, the payment of the minimum payment of the tax on income.
III.-that the activity of distribution of fuel at service stations, is characterized by a high volume of sales directly proportional to the fluctuations of the international price of fuels, however gross margin in this activity does not vary with changes in the retail price.
IV.-that the minimum payment of 1% for distribution at service stations activity exceeds 85% of historical earnings in this activity, affecting dealers at the retail or detail.
Therefore, use of his constitutional powers and at the initiative of the members Lorraine Guadalupe Pena Mendoza and Norma Fidelia Guevara de Ramirios, and the deputies Francisco Roberto Lorenzana Duran, Orestes Fredesman Ortez Andrade and Francisco José Zablah Safie.
DECREES the following: reform to the law of tax on the income article 1.-lncorporase to article 78 a literal j), as follows: "j) dealers to the retail or detail of fuel at service stations authorized by the Ministry of the economy, provided that there is no equity stake between the Distributor and the legal persons engaged in the import activity" , production and distribution to the wholesale of fuels.
"It should be understood that established in this paragraph will be applied only to revenues from sales to the retail or retail fuel stations authorized service, will not be exempted revenues from sales of other products derived from oil."
2 index legislative article 2.-this Decree shall enter into force eight days after its publication in the official journal.
GIVEN in the blue room of the Legislative Palace: San Salvador, to the four days of the month of October in the year two thousand twelve.
OTHON SIGFRIDO REYES MORALES, PRESIDENT.
ALBERTO ARMANDO ROMERO RODRÍGUEZ, GUILLERMO ANTONIO GALLEGOS NAVARRETE, SENIOR VICE PRESIDENT. SECOND VICE PRESIDENT.
JOSE FRANCISCO MERINO LÓPEZ, FRANCISCO ROBERTO LORENZANA DURÁN, THIRD VICE PRESIDENT. FOURTH VICE PRESIDENT.
ROBERTO JOSÉ d'AUBUISSON, fifth Vice President.
LORRAINE GUADALUPE PENA MENDOZA, CARMEN ELENA CALDERÓN SOL STEP, FIRST SECRETARY. SECOND SECRETARY.
SANDRA MARLENE SALGADO GARCÍA, JOSÉ RAFAEL MACHUCA ZELAYA, THIRD SECRETARY. FOURTH SECRETARY.
IRMA PALACIOS LOURDES VASQUEZ, MARGARITA ESCOBAR, FIFTH SECRETARY. SIXTH SECRETARIAT.
FRANCISCO JOSE ZABLAH SAFIE, REYNALDO ANTONIO LÓPEZ CARDOZA, SEVENTH SECRETARY. EIGHTH SECRETARY.
Presidential House: San Salvador, twenty-three days of the month of October in the year two thousand twelve.
PUBLISH, CARLOS MAURICIO FUNES CARTAGENA, PRESIDENT OF THE REPUBLIC.
Juan Ramon Carlos Enrique Caceres Chavez, Minister of finance.
D. OR. No. 202 volume no. 397 date: 29 October 2012 3 SV/ielp legislative index 22-11-2012