Venezuela has published Decree No. 5.079 in Official Gazette No. 43.044 on 10 January 2025, extending a temporary exemption from VAT, customs duty, and other taxes on the import and sale of hydrocarbon fuels as well as inputs and additives to

The Venezuelan National Tax Authority (SENIAT) has introduced new guidelines under Administrative Ruling SENIAT/2024/000102 regarding digital invoicing. The update clarifies rules regarding the issuance of invoices and associated documents,

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 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