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Master Act for Coordination and Standardization of States and Municipalities’ tax powers (LOCAPTEM for its initials in Spanish)

by ARAQUEREYNA | Sep 20, 2023 | News Bulletins

On August 10, 2023, the Organic Act for the Coordination and Standardization of the Tax Powers of the States and Municipalities (LOCAPTEM and hereinafter the “Act”) was published in the Venezuelan Official Gazette No. 6.755 Special series. Its main purpose is to...

What are the implications of the new Great Wealth Tax?

by ARAQUEREYNA | Sep 14, 2019 | News Bulletins

To whom does this obligation apply?Any and all legal entities or persons that have been designated as special agents by the Tax Administration (SENIAT), so long as they hold wealth equal to or greater than 150.000.000 Unidades Tributarias (UT)[1].This tax is not...

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  • Master Act for Coordination and Standardization of States and Municipalities’ tax powers (LOCAPTEM for its initials in Spanish)
  • Social Impact Project
  • What are the implications of the new Great Wealth Tax?

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