- Venezuela has extended a temporary exemption from VAT and customs duty on certain imported goods through Decree No. 4.967, originally provided by Decree No. 4.907.
- The exemptions include a 90% exemption on over 1,500 imported tangible goods and a 100% exemption on over 400 goods with certification of no or insufficient national production.
- The exemptions apply to legal entities, individuals, and specified entities, and have been extended until August 31, 2024.
Source Orbitax
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