Global Trade Alert
Global Trade Alert

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

Announcement

14 Aug 2012

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

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

14 Aug 2012

Revocation date:

14 Aug 2013

Updated: 14 Aug 2012
Tax or social insurance relief

On 14 August 2012, the President of the Republic, Hugo Chavez Frias, adopted Decree No. 9.133 which temporarily eliminates the Value Added Tax (VAT) on imports of 8,000 motor vehicles of the b...

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