The National Integrated Customs and Tax Administration Service (SENIAT in Spanish), announced an increase in the Tax Unit (UT) that went from costing 0.02 bolívares to 0.40 bolívares through Administrative Providence.
This was determined by resolution No. 2022/000023 of the Service, published in…
Read More...
Browsing Tag
Tax Unit
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…
Seniat adjusts the value of TU to 50 Bs
The Tax Unit (TU) in Venezuela was set at 17 Bs in September 2018, so the increase represents 194.11%, while the inflation estimated by the National Assembly reached 348.2% during January and February 2019.
The value of the Tax Unit, now…