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Venezuela Extends Temporary Exemption from VAT, Customs Duty, and Other Taxes on Hydrocarbon Fuels

|Approved Changes|Venezuela
Venezuela

Venezuela published Decree No. 5.079 in Official Gazette No. 43.044 of 10 January 2025, which extends a temporary exemption from VAT, customs duty, and other taxes on the definitive import and sale in Venezuela of fuels derived from hydrocarbons, as well as inputs and additives intended to improve the quality of gasoline. The exemption was previously set to expire on 12 January 2025 and is now extended to 12 January 2026.

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