ANNOUNCEMENT 23 Dec 2008In December 2008, the government of Venezuela announced a targeted tax change.
NUMBER OF INTERVENTIONS
Presidential decree No. 6.575 of 2008 (in Spanish),
On 23 December 2008, the President of the Republic, Hugo Chavez Frias, adopted Decree No. 6.575 which temporarily eliminates the Value Added Tax (VAT) on imports of minibuses from the brand TOYOTA.
This measure entered into force on the same day for a one year period.