Venezuela has published Resolution No. 498 of 1 August 2017 from the Ministry of Banking and Finance, which sets a 3.0% rate for the special contribution payable by insurance and reinsurance companies, companies engaged in prepaid medicine for health plans, risk managers, and companies that finance insurance fees or premiums. The special contribution is to finance the Superintendence of Insurance Activity, and is to be paid semi-annually based on the taxpayer's net income from premiums, inter…