ANNOUNCED AS TEMPORARYNo
Tax or social insurance relief
On 25 March 2014, the President of the Republic, Nicolas Maduro, adopted Decree no. 858 which temporarily eliminates the Value Added Tax (VAT) on imports of following items:
The items can be imported by governmental bodies and are limited to the project 'II Plan Excepcional de Adquisición de Bienes, Prestación de Servicios y Ejecución de Obras de la Gran Misión A Toda Vida Venezuela'.
The measure entered into force on 25 March 2014 and lasts for two years.
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