Newsletter September 2019
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READJUSTMENT OF ASSETS VALUE/DECLARATION AND PAYMENT OF TAX ON LARGE PATRIMONIES – Aug 19 2019
READJUSTMENT OF ASSETS VALUE/DECLARATION AND PAYMENT OF TAX ON LARGE PATRIMONIES Administrative Ruling No. SNAT/2019/00213 of August 19, 2019, issued by the Superintendent of the National Integrated Service of Customs and Tax Administration (Servicio Nacional Integrado de Administración Aduanera y Tributaria – SENIAT), was published in Official Gazette No. 41.697 of August 19, 2019…
CONSTITUTIONAL LAW THAT CREATES THE TAX ON LARGE PATRIMONIES (REPRINTED) – Aug 16 2019
CONSTITUTIONAL LAW THAT CREATES THE TAX ON LARGE PATRIMONIES (REPRINTED) An Official Notice dated August 15, 2019 was published in Official Gazette No. 41.696 of August 16, 2019. Said Notice corrected, due to an error in the form, the Constitutional Law that Creates the Tax on Large Patrimonies (the “Law”), issued by the National…
EXTENSION OF THE TIME PERIOD FOR FILING THE UPDATED SWORN DECLARATION OF PROPERTY OWNED – Jul 30 2019
EXTENSION OF THE TIME PERIOD FOR FILING THE UPDATED SWORN DECLARATION OF PROPERTY OWNED The Comptroller General’s Office of the Republic, through Resolution No. 01-00-000420, published in Official Gazette No. 41.683 of July 30, 2019, resolved to extend from August 1st to August 31st, 2019 the period of time for filing the updated sworn…
Newsletter July 2019
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TOTAL PROHIBITION AGAINST ADVERTISEMENT, PROMOTION AND SPONSORSHIP OF TOBACCO PRODUCTS – Jul 19 2019
TOTAL PROHIBITION AGAINST ADVERTISEMENT, PROMOTION AND SPONSORSHIP OF TOBACCO PRODUCTS Resolution No. 071 of July 18, 2019, issued by the Ministry of the Popular Power for Health, was published in Official Gazette No. 41.678 of July 19, 2019 (the “Resolution”). The Resolution established the guidelines for the total prohibition against advertisement, promotion and sponsorship,…
IT PAYMENT EXEMPTION DECREE – PRIMARY EXPLOITATION OF AGRICULTURAL ACTIVITIES – Jul 19 2020
IT PAYMENT EXEMPTION DECREE – PRIMARY EXPLOITATION OF AGRICULTURAL ACTIVITIES Decree No. 3.920 of July 19, 2019, issued by the President of the Republic, was published in Official Gazette No. 41.678 of July 19, 2019 (the “Decree”). The Decree establishes an exemption from Income Tax (“IT”) for the net income from Venezuelan source deriving…
CONSTITUTIONAL LAW THAT CREATES THE TAX ON LARGE PATRIMONIES – Jul 3 2019
CONSTITUTIONAL LAW THAT CREATES THE TAX ON LARGE PATRIMONIES The Constitutional Law that Creates the Tax on Large Patrimonies, issued by the Constituent National Assembly, was published in Official Gazette No. 41.667 of July 3, 2019 (the “Law”). The tax will be imposed on the net worth of special taxpayers with a patrimony…
Newsletter June 2019
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