Venezuela’s SENIAT has raised the tax unit value from 9 to 43 bolivars, a 377.78% increase, effective immediately for national tax calculations.
Venezuela’s National Integrated Customs and Tax Administration Service (SENIAT) issued Administrative Ruling No. SNAT/2025/000048 on 2 June 2025, increasing it from 9 bolivars to 43 bolivars.
This adjustment, effective immediately, represents a 377.78% increase and applies exclusively to the calculation of national taxes under SENIAT’s jurisdiction.
Taxpayers are advised to review the applicable rules for different tax categories, including personal income tax withholdings, inheritance and gift taxes, municipal charges, and other relevant obligations.
