CESSATION OF OBLIGATION TO STATE DOUBLE EXPRESSION OF PRICES OF GOODS AND SERVICES – April 27 2022

CESSATION OF OBLIGATION TO STATE DOUBLE EXPRESSION OF PRICES OF GOODS AND SERVICES   Resolution No. 22-04-01, issued by the Venezuelan Central Bank (“VCB”), was published in Official Gazette 42.364 of April 27, 2022 (the “Resolution”). The Resolution established that after April 27, 2022 – and pursuant to the Second Temporary Provision of Decree No.…

ADMINISTRATIVE RULING THAT READJUSTS THE TAX UNIT AT BS. 0.40 – April 20 2022

ADMINISTRATIVE RULING THAT READJUSTS THE TAX UNIT AT BS. 0.40   Administrative Ruling No. SNAT/2022/000023, issued by the Superintendent of the National Integrated Service of Customs and Tax Administration (Servicio Nacional Integrado de Administración Aduanera y Tributaria – “SENIAT”), was published in Official Gazette No. 42.359 of April 20, 2022 (the “Ruling”). The Ruling readjusted…