The following shall be exempt from the sales and use tax:(a) The rent for leasing real property paid by a lessee to a lessor on that which constitutes the main residence of the lessee or student housing; and(b) the payment for leasing real property for commercial purposes, made by a merchant, including the payment for office spaces or sales offices, warehouses or storage areas, and parking facilities. History —Jan. 31, 2011, No. 1, § 4030.14, retroactive to Jan. 1, 2011; Dec. 10, 2011, No. 232, § 143.
Puerto Rico Legal Code