ANNOUNCEMENT 18 Feb 2013

In February 2013, the government of Venezuela announced a targeted tax change.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Decree No. 9.388 of 2013 (in Spanish),
http://www.tsj.gov.ve/gaceta/Febrero/1822013/1822013-3642.pdf#page=2


Inception date: 18 Feb 2013 | Removal date: 18 Feb 2015

Tax or social insurance relief

On 18 February 2013, the President of the Republic, Hugo Chavez Frias, adopted Decree No. 9.388 temporarily eliminating the Value Added Tax (VAT) on imports of paper and carton coated with plastic corresponding to HS tariff line 4811.51.20 for use exclusively in the packaging industry.
 
This measure entered into force on the same day and is applied for a period of two years.

AFFECTED SECTORS

 
321

AFFECTED PRODUCTS

 
481151