Buscaglia v. Tax Court of Puerto Rico

The Treasurer assessed 18.70 cuerdas of land and the buildings located thereon belonging to Sociedad Española de Auxilio Mutuo y Beneficencia de Puerto Rico — hereinafter called Auxilio Mutuo — in the amount of $142,210 for the property tax of Puerto Rico for the fiscal year 1941-42. The Tax Court upheld the contention of Auxilio Mutuo that five cuer-das of this land and the buildings thereon were exempt from the property tax by virtue of § 291(e) of the Political Code, as amended by Act No. 12, Laws of Puerto Rico, Spec. Sess. 1933, which establishes this exemption for buildings and the land…