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IGTF

Nicolás Maduro, president of Venezuela, announced on Friday, July 12, during the National Council of Productive Economy, a decree for the immediate elimination of the Large Financial Transactions Tax (IGTF) in bolivars, a measure established in 2022. Maduro indicated: "I sign the decree to…
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IGTF will exempt cryptocurrency operations

Decree No. 4,784 was recently published, which exempts cryptocurrency purchase/sale operations, such as Bitcoin, and payments made with these assets for goods and services within Venezuelan territory from the payment of the Tax on Large…