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Venezuela Updates VAT Exemptions and Designates New VAT Withholding Agents in 2025 Guidance

  • Decree No. 5145 suspends certain VAT exemptions for basic goods and provides exemptions for specific imports by public bodies and individuals.
  • Administrative Ruling SNAT/2025/000054 designates special taxpayers as VAT withholding agents.

Source: kpmg.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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