ANNOUNCEMENT 09 Jun 2009In June 2009, the government of Venezuela announced a change to the import-specific domestic duties.
NUMBER OF INTERVENTIONS
Presidential decree No. 6.740 of 2009 (in Spanish),
On 9 June 2009, the President of the Republic, Hugo Chavez Frias, adopted Decree No. 6.740 which temporarily eliminates the Value Added Tax (VAT) on imports of goods for use in the installation of broadband fiber optic networks.
This measure entered into force on 9 June 2009 for a one year period.