Venezuela published Administrative Provision No. SNAT/2017/0003 in the Official Gazette on 24 February 2017, which increases the tax unit (unidad tributaria) value from VEF 177 to 300. As {News-2017-02-22/A/4- previously reported}, the tax unit is used as a basis for various tax purposes, including the corporate income tax brackets. The change in value applies for the 2017 tax year if followin…