P.R. Laws tit. 23, § 5209
2019-02-20 00:00:00+00
Every business or industry that is established in a special planning zone in Castañer within a period of fifteen (15) years, from the date said zone was designated, shall be entitled to a special deduction for income tax purposes, equal to fifteen percent (15%) of the rent paid. This deduction shall be in addition to any other deduction granted by any law. This deduction shall not be available for successor businesses.
History —Mar. 15, 1996, No. 14, § 11; Aug. 10, 2009, No. 65, § 4.