Global Trade Alert
Global Trade Alert

Venezuela: Elimination of VAT on imports of goods for the manufacturing and construction sectors

Announcement

20 Oct 2009

In October 2009, the government of Venezuela announced a targeted tax change.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

1 in force

Implementation date

23 Oct 2009

Revocation date:

No revocation date

Tax or social insurance relief In force

On 20 October 2009, the President of the Republic, Hugo Chavez Frias, adopted Decree No. 6.985 which eliminates the Value Added Tax (VAT) on imports of goods corresponding to 715 tariff lines for use ...

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