Venezuela published Decree No. 4.985 in the Official Gazette on 30 August 2024, which further extended the 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 and subsequently extended to 31 August 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...