AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Tax-based export incentive
On 31 August 2012, Venezuela's Ministry of Planning and Finance (Ministerio del Poder Popular de Planificación y Finanzas) adopted Resolution No. 3248 introducing a tax refund regime entitled CERT (Certificados Especiales de Reintegro Tributario) of VEF 800 million (approx. USD 127 million) directed towards Venezuelan exporters in general.
This measure entered into force on 3 September 2012.
⚑ Please report this page in case you detect an inaccuracy in its content.