Libro VI. Reformas a la ley del impuesto de timbres fiscales y papel sellado especial para protocolos, decreto número 37-92 del Congreso de la República

Numeral 9 is added to Article 2 of the Law of the Tax on Fiscal Stamps and Special Stamped Paper for Protocols, with the following text:

"9. The second and subsequent sales or exchanges of immovable property."

A third paragraph is added to Article 19 of the Fiscal Stamp Tax and Special Stamped Paper for Protocols Law, with the following text:

"In the case of the certified copy of the public deed in which the second or subsequent sales or exchanges of immovable property are documented, the tax base of the tax is constituted by the greater value among the following:

1.The value stated by the seller, exchanger and acquirer, under oath, in the public deed;

2.The value established by an authorized appraiser; or,

3.The value registered by the taxpayer in the fiscal or municipal registry."