Term for tax return and payment to the National Fund of Sports
The Administrative Decision No. 071/2012, issued by the National Institute of Sports, was published in the Official Gazette No. 39,964 dated July 13, 2012. The same establishes a sole term until August thirty first (31), 2012 to file the estimated tax return and make its payment, which corresponds to the National Fund for the Development of Sports, Physical Activities and Physical Education, for all those under such obligation, provided that their fiscal years have ended before December thirty first (31), 2011, inclusive.
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“NOTE: THIS INFORMATION SHOULD NOT BE CONSTRUED AS LEGAL ADVICE ON ANY SPECIFIC MATTER AND ITS CONTENT ARE INTENDED AS A MANAGEMENT ALERT AS TO CURRENT DEVELOPMENTS IN VENEZUELA, ANY SPECIFIC LEGAL QUESTIONS REGARDING THE POSSIBLE APPLICATION OF NEW OR PROPOSED LEGISLATION TO PARTICULAR SITUATIONS SHOULD BE ADDRESSED TO TRAVIESO EVANS ARRIA RENGEL & PAZ.”