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The January 2019 edition of the Venezuela tax newsletter provides an update on the latest key tax developments in the jurisdiction, including:

  • Modification of the rules on printing presses and tax machines for preparing invoices and other documents
  • Increase in the large financial transaction tax rate from 1% to 2% from 19 November 2018
  • Tax benefits in the new Special Economic Zones of the Palavecino and Iribarren Municipalities in the state of Lara
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