Venezuela: Reduced value added tax for imported products related to electricity generation
Description
On 3 November 2009, the government of Venezuela issued a decree in which it freed 52 products used in electricity generation from value added tax (Impuesto al Valor Agregado). However, this tax reduction is conditional on a ministerial certificate stating that domestic supply of a given good is insufficient to cater to domestic needs.
Any Evidence-Based Deliberation:
| Question | Result |
|---|---|
| Is there anything in the public record to suggest that evidence of the effectiveness of the proposed measure was considered during official deliberations? | |
| Is there any evidence that alternatives to the proposed measure were considered? | |
| Is there anything in the public record that suggests that empirical evidence informed the comparison across the alternatives available to government? | |
| Was such evidence identified? | |
| Is such evidence publicly available? | |
| Did the official decision-maker in question provide an explanation as to why a chosen measure was favoured over alternatives? | |
| Is there any evidence to suggest that potentially affected trading partners were consulted before the measures were taken? | |
| Is there any evidence that safeguards have been put in place to ensure that implementation of the initiative is transparent and non-discriminatory? | |
| Did the government state its intention to review the measure within one year of implementation? |
Date Discovered:
Implemented: Yes
Date of inception: 3 Nov 2009
GTA Evaluation: Green
Source:
Gaceta Oficial. (3 November 2009). Decree 6994, p.372.682. Available at http://www.tsj.gov.ve/gaceta/Noviembre/3112009/3112009.pdf
Government Response:
- 617 reads
