Global Trade Alert
Global Trade Alert

Venezuela: Temporary elimination of VAT on imports of cars belonging to the Chery brand

Announcement

06 Jan 2014

In January 2014, 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

07 Jan 2014

Revocation date:

31 Dec 2014

Updated: 06 Jan 2014
Tax or social insurance relief

On 6 January 2014, the President of the Republic, Nicolas Maduro, adopted Decree no. 726 which temporarily eliminates the Value Added Tax (VAT) on imports of cars belonging to Chinese car manufactu...

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