Browsing Tag

Nicolás Maduro

Venezuelan NA sanctions foreign currency tax law

The National Assembly (AN) elected in 2020 sanctioned the reform of the Tax Law on Large Financial Transactions whose purpose is that operations carried out in foreign currency pay a tax at least equal to or higher than that paid today by…

Maduro makes changes in the ministerial cabinet

President Nicolás Maduro made changes in some ministries this week, the main novelty being the appointment of the former rector of the National Electoral Council (CNE), Tibisay Lucena, as the new minister of university education. "I…

Venezuela works on a new space satellite

The president of Venezuela, Nicolás Maduro, reported that his cabinet is working on the development of a new satellite aimed at improving communications in the country. This was reported by the national president, from the Bolivarian…

Nicolás Maduro announces changes in his cabinet

This Thursday, August 19, Nicolás Maduro reported changes in the executive cabinet, also known as the national cabinet of ministers. In this way, the Venezuelan head of state explained that Jorge Arreaza will leave the Ministry of Foreign…

Maduro authorizes credits in foreign currency

Venezuelan President Nicolás Maduro assured that he instructed Vice President Delcy Rodríguez to authorize credits in foreign currency within public banks. "I believe that the time has come to give credits in public banks in foreign…

Venezuela, in search of an institutional agreement

Venezuela is in search of a new institutional agreement, which would allow to carry out a new impulse for the local economy. The Venezuelan government is focused on this goal which hopefully could be achieved gradually, all thanks to the…

Venezuelan government announces increase in TU

Through Official Gazette No. 42,100 dated April 6, 2021, the Venezuelan government published a Ruling of the Integrated National Service of the Customs and Tax Administration (Seniat). In this document, the readjustment of the Tax Unit is…