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Venezuela: Temporary elimination of VAT on imports of goods to fight against contraband

Description

On 21 May 2009, the President of the Republic, Hugo Chavez Frias, adopted Decree No. 6.719 which temporarily eliminates the Value Added Tax (VAT) on imports of airplaines, electronic equipment for tel...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 May 2009

Revocation date

21 May 2012

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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