As previously reported, Venezuela has introduced VAT relief for large businesses subject to weekly VAT return/payment requirements in response to COVID-19, with the requirement changed to every two weeks. This was formally implemented through Resolution SNAT/2020/00057, which was published in the Official Gazette and came into force on 31 August 2020. Further to the VAT return/payment change, weekly requirements for large businesses for VAT withholding returns and advance income tax returns a…