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Master Act for Coordination and Standardization of States and Municipalities’ tax powers (LOCAPTEM for its initials in Spanish)
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...
Social Impact Project
Group of non for profit organizations whose mission is to improve the quality of life for the Americas young indigenous people. By emphasizing in education, food, health, family values and ancestral traditions, we help tribes that live in the venezuelan southern...
What are the implications of the new Great Wealth Tax?
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...