Venezuela Provides Exemption from VAT, Customs Duty, and Financial Transactions Tax on Hydrocarbon Fuels
Venezuela published Decree No. 4.767 in the Official Gazette on 13 January 2023, which provides an exemption from VAT and customs duty on the import and sale of hydrocarbon fuels and related inputs and additives intended to improve fuel (gasoline) quality. The Decree also provides a financial transactions tax exemption on local sales of hydrocarbon fuels and related inputs and additives. The d…
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