ANNOUNCEMENT 08 Apr 2013In April 2013, the government of Venezuela announced a targeted tax change.
NUMBER OF INTERVENTIONS
Decree No. 9.470 of 2013 (in Spanish),
On 8 April 2013, the President of the Republic, Nicolas Maduro Moros, adopted Decree No. 9.470 which temporarily eliminates the Value Added Tax (VAT) on imports of motor vehicles for transporting persons in the military sector.
The corresponding HS tariff lines are 8703.22 and 8703.23. The decree only applies to the brands FIAT, RENAULT and VOLKSWAGEN. Only vehicles for use exclusively in the military sector enjoy the stated benefit.
This measure entered into force on 9 April 2013 and expires after one year.