Venezuela

International: Digital Tax Services in Latin America

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Baker McKenzie's VAT/Indirect Tax Practice presented 'Digital Services in Latin America,' on 12 August 2020. This was the second presentation in the International VAT Conference Webinar Series, a global webinar series designed for VAT specialists from all industry sectors that aims to discuss the latest developing trends and hot topics in the VAT/GST and customs arena.

Latin America: “The New Normal”: Restart of Economic Activities and Sanitary Measures in Latin...

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The COVID-19 pandemic has affected all countries in Latin America. Administrative measures that limit or restrict economic activity have been adopted in most countries....

Latin America: Donations to Public Administration in Latin America

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In view of the health crisis in Latin America following to the outbreak of COVID-19, as well as the economic and social impacts of...

Venezuela: Agreement to harmonize municipal taxes

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The Presidential Press'1 and the Ministry of Habitat and Housing's2 Twitter accounts announced on August 9, 2020 the execution of the "National Agreement of Municipal Tax Harmonization" ("Agreement"), prepared by the Bolivarian Council of Mayors of Venezuela3 to harmonize municipal taxes in 305 Venezuelan municipalities. (Venezuela has 335 municipalities).  Click here to see a copy of the Agreement, dated July 29, 2020. (available only in Spanish)

Venezuela: COVID-19 – Continuation of activities of the Securities Market under the 7+7 easing...

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The Office of the National Superintendent for Securities (NSS) issued Notice No. DSNV/CJU/00520 of June 14, 2020,[1] whereby it established the guidelines to continue the activities of the securities market, under the Easing Measures for the National Quarantine Plan (7+7) and the Constitutional State of Alarm generated by the COVID-19 pandemic (“Notice”).The Notice applies to security brokers, brokerage houses, stock exchanges and other subjects regulated by the Decree with Rank, Value and Force of Securities Market Law (“Subjects”).The 7+7 easing timetable consists of a cycle of seven quarantine days and seven easing days, until a vaccine for COVID-19 is found. The Subjects will work and have customer service activities solely in a determined schedule within the seven easing days. The 7+7 easing timetable may be subject to change by the National Executive.

Latin America: COVID-19 – The Reopening Playbook

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Our Latin America Employment and Compensation team is pleased to provide you with this quick guide which includes six key topics when planning to reopen the workplace around 7 jurisdictions in Latin America.

Venezuela: The Autonomous Service for Registries and Notaries (SAREN) informed about the incorporation of...

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The  Autonomous Service of Registries and Notaries (“SAREN”) published on June 14, 2020 in its website’s news section and in its social media1 an announcement about the incorporation of Commercial Registries, Public Registries, Public Notaries and Principal Registries (“Registries and Notaries”) to the 7+7 easing timetable established by the National Executive.The 7+7 easing timetable consists of seven quarantine days per seven easing days, until there is a vaccine for COVID-19. Registries and Notaries will only open in specific work hours within the seven days of the easing period.To this date, no regulation in this respect has been published through an Official Gazette.

Webinar: Challenges and Solutions for Multijurisdictional Filings in Latin America

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 In this webinar, Esteban Rópolo, competition law expert and partner, presents the legal and economic challenges and risks that multinational companies from the region...

US Government Escalates Sanctions Against the Government of Venezuela

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On August 5, 2019, President Trump issued Executive Order 13884 (“Venezuela EO”) blocking all property of the Government of Venezuela (“GOV”), a significant escalation of sanctions...

Global Legal Guide for Luxury & Fashion Companies

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Despite geopolitical shifts, uncertainty and various factors that seem to affect numerous sectors, the global luxury and fashion industry has tripled in the last...
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