ANNOUNCED AS TEMPORARYNo
Tax or social insurance relief
On 17 May 2011, the President of the Republic, Hugo Chavez Frias, adopted Decree No. 8.220 which temporarily eliminates the Value Added Tax (VAT) on imports of goods for use in the assembly of CDMA (code division multiple access) equipment used by radio communication technologies.
This measure entered into force on the same day for the period of one year.
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