The National Executive of Venezuela issued the Decree No. 4,967 on 28 June 2024 (“Decree“), declaring an extension until 31 August 2024, on the imports benefits and exemptions of goods established in the Decree No. 4,907. The Decree entered into force on 1 July 2024 and if a new extension is not enacted before 31 August of the current year, it will no longer have any dispensatory effect.
Source Baker & McKenzie
Latest Posts in "Venezuela"
- Venezuela Suspends VAT Exemptions, Designates Special Taxpayers as Withholding Agents in New Decrees
- Venezuela Updates VAT Exemptions and Designates New VAT Withholding Agents in 2025 Guidance
- Venezuela Broadens VAT Withholding Rules for Individuals with Personal Businesses
- Venezuela Exempts Import Duties and VAT on Goods Until June 2026 Under New Decree
- Venezuela Exempts Customs Duties and VAT on Imports Until June 2026
