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Global Trade Alert

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Venezuela: Temporary elimination of VAT on imports of minibuses

Description

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. ...

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Dec 2008

Revocation date

23 Dec 2009

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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