P.R. Laws tit. 28, § 634
2019-02-20 00:00:00+00
The Division of Small Community Industries shall not be required to pay any tax, impost, excise, or license tax on any of the properties acquired for the program of small industries, or on its activities in the operation and maintenance of any enterprise, or on the income derived from any of its enterprises and activities. Contractors doing business with the Program of Small Industries shall not be subject to the tax on Government contracts established by § 16 of Act No. 85 of August 20, 1925, as amended by Act No. 158 of May 13, 1941.
History —May 8, 1951, No. 365, p. 866, § 4.