Baker McKenzie’s International Commercial & Trade Blog published “Venezuela: Customs Tariff Schedule updated,” which can be viewed here.
Baker McKenzie’s Global Compliance News Blog published “Venezuela: Decree establishes reform to the MERCOSUR Common Nomenclature,” which can be viewed here.
Baker McKenzie’s Insight+ Blog published “Venezuela: Decree that exempts goods from payment of VAT, import tax and fee for determining the customs regime is extended” which can be viewed here.
Baker McKenzie’s Insight+ Blog published “Venezuela: Resolution introduces tariff codes exempted from payment of value-added tax, customs duties and customs service fee in determining the customs regime,” which can be viewed here.
Baker McKenzie’s Global Compliance News Blog published “Venezuela: Exemptions from the payment of the Value Added Tax, Custom Duties and Customs Service Fee for several categories of goods and economic sectors extended” which can be viewed here.
Baker McKenzie’s Insight+ Blog published published “Venezuela: Exemptions from the payment of the Value Added Tax, Custom Duties and Customs Service Fee for several categories of goods and economic sectors extended” which can be viewed here
On June 17, 2021, the US Treasury Department’s Office of Foreign Assets Control (OFAC) issued three pandemic-related general licenses (“GLs“) authorizing certain transactions and activities through June 16, 2022, involving Syria, Venezuela, Iran, or certain blocked entities in these countries. The new GLs are Syria General License No. 21, Venezuela General License No. 39, and Iran General License N, and they authorize certain transactions and activities related to the prevention, diagnosis, or treatment of COVID-19 (including research or…
The National Executive issued Decree No. 4,619 of 1 June 2021 (“Decree”),which establishes an exemption of the payment for the Value Added Tax (VAT), Customs Duties and Customs Service Tariff for Determination of the Customs Regime to imports of various goods and merchandise of certain economic sectors. The Decree entered into force on 1 June 2021, and repealed Decree No. 4,604 of 1 May 2021, which established the exemption for the payment of the VAT,…
On January 15, 2021, the Commerce Department’s Bureau of Industry and Security (BIS) published an interim final rule (“Rule”) amending various provisions of the Export Administration Regulations (EAR) to implement certain provisions of the Export Control Reform Act of 2018 (ECRA). Among other things further outlined below, the Rule imposes new restrictions on specific activities of US persons. By way of brief background, the EAR generally controls transactions involving US origin items (i.e., goods, software, technology) regardless of whether…
On January 19, 2021, the Commerce Department published an interim final rule to implement President Trump’s 2019 Executive Order 13873 on “Securing the Information and Communications Technology and Services Supply Chain” (“Interim Rule”). The Interim Rule was issued following the closure of the public comment period on January 10, 2021 on the proposed rules issued on November 27, 2019 (“Proposed Rules”) to implement Executive Order 13873. For more information on Executive Order 13873 and the Proposed Rules, please see our blog…