P.R. Laws tit. 23, § 5013
The Company or any of its subsidiaries, shall be exempt from any type of taxes, fees, duties, excise taxes or charges, including those for licenses, imposed or to be imposed by the Commonwealth of Puerto Rico or any of its political subdivisions, including all its operations, its real properties or chattels, its capital, income and surplus.
The Company and its subsidiaries are also exempted from the payment of any type of fees or taxes required by law for the prosecution of judicial procedures, the issuing of certifications in the offices and dependencies of the Government of the Commonwealth of Puerto Rico and its political subdivisions and the granting of public documents as well as their registration in any public registry in Puerto Rico.
History —July 10, 1992, No. 20, § 14; Aug. 28, 2003, No. 216, § 1.