They set up a brand new contribution for individuals who perform development works

This Monday, June 10, 2024, a brand new reform of the housing and habitat profit regime was introduced for individuals who perform development works. The Partial Reform Regulation of the decree with vary, worth and drive of the housing profit regime regulation establishes that they need to make a contribution of 0.5% of the entire estimated worth of the undertaking to the Nationwide Fund for City Gear, Banking and Enterprise overview in its web site.

In accordance with what was reported by the media, this contribution will probably be paid when the price of the development of the undertaking “is larger than 500,000 occasions the Trade Price of the Highest Worth Foreign money revealed by the Central Financial institution of Venezuela (BCV)” says the reform revealed within the Extraordinary Official Gazette No. 6,805, dated Could 1.

Nationwide City Gear Fund

«A brand new Article is included, which turns into Article 43, which establishes that the sources of the sources of the Nationwide City Gear Fund will probably be constituted by the contributions made by pure or authorized individuals who perform development works.»

– «The contributions will probably be computed for 0.5% of the entire quantity of the estimated development worth of the undertaking, whose price is larger than 500,000 occasions the Trade Price of the Highest Worth Foreign money revealed by the Central Financial institution of Venezuela (BCV).«.

– «Articles 91, 92 and 93 have been modified, which turn out to be Articles 98, 99 and 100, respectively, which set up the relevant sanctions with fines equal in Bolívares to the Official Trade Price of the Foreign money of Highest Worth revealed by the Central Financial institution of Venezuela (BCV)«.

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2024-06-12 15:14:47

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