ANNOUNCEMENT 18 Jul 2012

In July 2012, the government of Venezuela announced a targeted tax change.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Presidential decree No. 9.102 of 2012 (in Spanish),
http://www.tsj.gov.ve/gaceta/Julio/2072012/2072012-3480.pdf#page=2


Inception date: 20 Jul 2012 | Removal date: 20 Jul 2014

Tax or social insurance relief

On 18 July 2012, the President of the Republic, Hugo Chavez Frias, adopted Decree No. 9.102 which temporarily eliminates the Value Added Tax (VAT) on imports of goods for use in the national election such as paper, voting cabins,IT equipment, voting machines, printing machines, monitors, routers, antennas, etc.
 
This measure entered into force on 20 July 2012 for a period of two years.

AFFECTED SECTORS

 
321 451 452 462 474 475 476 479

AFFECTED PRODUCTS

 
480255 480256 480257 480258 480261 480262 847130 847141 847149 847150 847160 847170 847180 847190 847329 847330 847340 852321 852329 852349 852351 852380 852910 852990 853710 853720
(+ 16 more)