Section 14Sec./Art. 14

Exemption from Taxes and Regulatory Fees. - All laws to the contrary notwithstanding, the Authority, its assets, properties, and all accruals thereto and income or investment earnings therefrom, as well as supplies, equipment. papers, or documents, shall be exempt from any tax, assessment, fee, charge, or customs or import duty of any kind, whether imposed by local or national entities.

The exemption includes, but is not limited to, the following: income tax, real property tax, capital gains tax, transfer tax,value-added tax, donor's tax, and similar taxes, and building permit fee, fire inspection permit fee, environmental compliance certificate (ECC) fees, and other regulatory fees. The Authority shall be exempt from the payment of documentary stamp tax and registration fees, including fees required for the issuance of transfer certificates of titles.