Venezuela published Decree No. 4.967 in the Official Gazette on 28 June 2024, which extends a temporary exemption from VAT and customs duty on the definitive import of certain goods. The exemption was originally provided by Decree No. 4.907 from 1 January to 30 June 2024, including a 90% exemption on over 1,500 imported new or used tangible goods by legal entities, individuals, and the National Public Administration (mainly raw materials/inputs). Further, a 100% exemption is provided on over 400 imported new or used tangible goods for which a certification of no or insufficient national production is issued by the...