Venezuela has extended its VAT and customs duty exemptions on certain imports through Decree No. 4.985, published in the Official Gazette on 30 August 2024. This latest decree continues the exemptions initially granted by Decree No. 4.907, which

Venezuela's Official Gazette published Decree No. 4.976, introducing a one-year income tax exemption for cooperative associations on income earned within Venezuela on 12 August 2024. The exemption, effective from the date of publication and

Venezuela published Decree 4972 in the Official Gazette on 12 July, 2024, which  reduces the tax rate to 0% from  2% for large financial transactions. The 0% tax rate applies to specific transactions which are mentioned in paragraphs one to four

Venezuela announced it published Decree No. 4.967 in the Official Gazette on 28 June, 2024. The Decree clarifies the extension of the temporary exemption from VAT and customs duty on the importation of specific goods. The exemption follows Decree

According to an update from the Hong Kong Inland Revenue Department, representatives from Hong Kong and Venezuela have concluded the initial rounds of talks for an income tax treaty on 10 May, 2024. This treaty, if finalised, signed, and

On 21 February 2024, Venezuela issued Decree No. 4.924 in the Official Gazette, announcing the further extension of exemptions from financial transactions initially implemented in 2022. This Decree clarifies exemptions for the transactions as