Global Trade Alert
Global Trade Alert

Venezuela: Tax exemptions to PDVSA

Announcement

01 Aug 2018

The Venezuelan government granted temporary Income Tax exemptions to PDVSA.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 Aug 2018

Revocation date:

31 Dec 2018

Updated: 01 Aug 2018
Tax or social insurance relief

On 2 August 2018, Presidential Decree No. 3.569 passed by the Venezuelan Government entered into force exempting the state-owned PDVSA from income tax liability. The decision also ap...

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