- Decree No. 4,985 was published in Official Gazette No. 42,953 on August 30, 2024
- The decree extends exemptions from import taxes and VAT on certain goods until Dec. 31, 2024
- Exemptions include 90% exemption on import tax and VAT for certain imports by National Public Administration bodies and entities
- Exemptions also apply to imports by specific entities such as the Venezuelan Corporation of Guayana and the Ministry of Popular Power for Water Management
- The decree came into effect on Sept. 1, 2024
- Information in the newsletter is for general education and should not be used as the sole source of information for legal issues
Source: hklaw.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
