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Venezuela: Temporary elimination of VAT on imports of goods for use in the television and radio sector

Description

On 4 May 2010, the President of the Republic, Hugo Chavez Frias, adopted Decree No. 7.407 which temporarily eliminates the Value Added Tax (VAT) on imports of goods for use in the television and radio...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

04 May 2010

Revocation date

04 May 2011

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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