ANNOUNCED AS TEMPORARYNo
Tax or social insurance relief
On 24 September 2013, the President of the Republic, Nicolas Maduro, adopted Decree no. 416 which temporarily eliminates the Value Added Tax (VAT) on imports of personal hygiene products:
The measure entered into force on 24 September 2013 and lasts for a year.
The measure is classified as green, as it does not discriminate against any particular trading partner.
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