2466 of November 9, 1959:
- a)The national reserves and lands that the State transfers to it, as well as those the Institute acquires through legal means, for the purposes established by this law.
For this purpose, the Executive Branch is empowered to transfer to the Institute, at its request, through the Office of the Attorney General of the Republic (Procuraduría General de la República), the lands deemed necessary for the purposes of this law, within a period of six months that shall be counted, in each case, from the date on which the corresponding transfer is requested by the Executive Branch; b) The additional contributions assigned to said Institute in the ordinary and extraordinary budgets of the Republic; c) The sums collected from the sale and lease of lands and forests; d) REPEALED by subsection r) of Article 31 of Law No. 8114, Law of Tax Simplification and Efficiency (Ley de Simplificación y Eficiencia Tributarias) of July 4, 2001. e) The proceeds of its net earnings; and f) That which corresponds to the Institute from the cigarette tax, pursuant to Law No. 3021 of August 21, 1962 (Increase of taxes on gasoline imports and on the consumption of beer, soft drinks, and cigarettes).
Any individual or legal entity possessing uncultivated land (terrenos incultos) in excess of one hundred hectares, subject to the payment of the tax created by this article, must annually declare the amount of land they own that is in such condition. The Office of Direct Taxation (Tributación Directa), starting with the thirty-second (32nd) declaration, corresponding to the payment period for income tax (impuesto sobre la renta), from October 1, 1961, to September 30, 1962, shall include in the declaration forms a new section specifically intended for the collection purposes of this tax. Based on such declarations, the Office of Direct Taxation (Tributación Directa) must issue the corresponding receipts, which it shall make collectible through the Banco Cajero del Estado, with all the formalities and requirements that are customary for other taxes in favor of the State. The Banco Cajero del Estado shall set aside the proceeds of this tax in a special account and shall transfer it directly each month to the Institute of Lands and Colonization (Instituto de Tierras y Colonización).
The Institute and the Office of Direct Taxation (Tributación Directa) shall have the authority to verify, through their officials, the accuracy of the declarations made by the persons subject to payment, and to formulate them in the section referred to in the preceding paragraph.
The landowner shall be obligated to supply the information deemed necessary by the Institute for purposes of the aforementioned verification. In the event that false declarations or declarations not conforming to reality are proven, the declarant must pay double the tax to which they are legally obligated.