ARTICLE 40A: CIVIL ASSOCIATIONS THAT ARE NOT SUBJECT TO THE VALUE-ADDED TAX (VAT) PAYMENT

For the purposes of article 15, section XII, subsection c) of the Law (LIVA: Art. 15), it is considered that they are included in the assumption that said provision provides, civil associations that in accordance with their statutes have the same corporate purpose as the chambers of commerce and the industry, in the terms of the Law of Business Chambers and their Confederations (Ley de Cámaras Empresariales y sus Confederaciones), for the services provided to their members as normal consideration for their ordinary or extraordinary annual fees and provided that the services they provide are only those relating to their own purposes.