Venezuela: First temporary elimination of VAT on imports of Chevrolet motor vehicles

Announcement

25 Jan 2012

In January 2012, the government of Venezuela announced a targeted tax change.

Source

Number of interventions

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

25 Jan 2012

Revocation date:

24 Jan 2013

Updated: 25 Jan 2012

Tax or social insurance relief

On 25 January 2012, the President of the Republic, Hugo Chavez Frias, adopted Decree No. 8.780 which temporarily eliminates the Value Added Tax (VAT) on imports of 10,000 motor vehicles of the...

Related State Acts

14 Aug 2012

Venezuela: Second temporary elimination of VAT on imports of Chevrolet motor vehicles

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