Venezuela Extends Temporary Exemption from VAT, Customs Duty, and Other Taxes on Hydrocarbon Fuels

Venezuela published Decree No. 5.207 in Official Gazette No. 43.292 of 9 January 2026, which extends a temporary exemption from VAT, customs duty, and other taxes on the definitive import and sale in Venezuela of fuels derived from hydrocarbons, as well as inputs and additives intended to improve the quality of gasoline. The exemption was previously set to expire on 12 January 2026 and is now …