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Increase in value of tax unit

27 April 2011

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Approved Changes

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Venezuela

Resolution SNAT/2001/0009 published in the Official Gazette 39,623 of 24 February 2011 increased the value of the tax unit (TU) from VEF 65 to VEF 76. Amounts in tax laws, (including brackets for taxes, stamp duties and penalties) are adjusted on a yearly basis as they are generally expressed in TU.