a) Exemption of the income derived from the first sale of the promoted homes for the purposes of the Income Tax on Economic Activities (IRAE), provided that said sale is made up to a maximum of nine (9) years after the year in which finish the work.
b) Exemption from equity tax, for works under construction (land and improvements) at the end of the year in which the request for exemption was submitted and for the following years until the year in which the work is completed.
c) Finished dwellings whose destination is alienation, will be exempt from wealth tax in the year in which the works are completed and for the following three (3) years.
d) Exemption from the value added tax (VAT), on the first disposal of the dwellings and refund of the tax included in the purchases in the market of goods and services destined to integrate the direct cost of the same.
e) Exemption from VAT on the importation of goods intended to be incorporated into civil works.
f) Exemption from the tax on property transfers, applicable to the alienating and acquiring party in the first alienation, provided that said alienation is made up to a maximum of nine (9) years after the year in which the work is completed.
g) If the dwellings are intended for lease, exemption for the purposes of the IRAE of the rents, during the year in which the work is completed and the following nine (9) months as indicated:
- 100% of the income generated by the rental of homes located in the areas determined by the MVOTMA or when the lease is made through the Rental Guarantee Fund that meets the required requirements.
- 60% of the income generated by the rental of homes located in the areas determined by the MVOTMA.
h) If the dwellings are to be leased, exemption from Wealth Tax for the year in which the work ends. For the following nine (9) fiscal years, the aforementioned exemption will operate in each fiscal year, provided that in the same fiscal year the homes have been leased for at least six (6) months.