Global Tax Alert (News from Americas Tax Center) | 10 October 2013

Venezuelan taxpayers obligated to supply information on their main business activity to the tax administration

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Administrative Order No.SNAT/2013-0066, issued by the National Integrated Service of Customs and Tax Administration (SENIAT) and published in the Official Gazette No. 40.262 of 1 October 2013, requires Venezuelan taxpayers to supply information on their main business activity performed to the SENIAT.

In accordance with said Order, companies, communities, and entities with or without legal identity, which according to existing laws are required to register with the Sole Tax Information Registry (RIF), must electronically supply to SENIAT on its website, the information relating to their primary business activity.

Such information shall be filed in compliance with the conditions and technical specifications established on the SENIAT’s website.

Information must be filed within three months following the date of publication of the Order.

Taxpayers changing, either partially or in full, their main business activity after having supplied the requested information, must inform the SENIAT during the month following such modification.

The failure to comply with the provisions of this Administrative Order shall be punished in accordance with the provisions of the Tax Code.

This Order came into effect from the date of its publication in the Official Gazette.

For additional information with respect to this Alert, please contact the following:

Ernst & Young (Venezuela), Mendoza, Delgado, Labrador & Asociados, Caracas
  • Saul Medina
    +58 212 905 6716
    saul.medina@ve.ey.com
  • Juan Osorio
    +58 212 905 6626
    juan.osorio@ve.ey.com

EYG no. CM3863