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Exemption from Income Tax (ISLR) Payment on the Taxable Income Obtained from the Liquidation of Capital or Interest or Returns on Investments made in Securities or Similar Instruments

May 6, 2022 | Tax Newsletter

Presidential Decree No. 4,685 was published in Official Gazette No. 42,371 of May 6, 2022, through which the payment of Income Tax (ISLR, as per its acronym in Spanish) is exempted for certain types of taxable income. The highlights of the decree are as follows:...

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    Candal Advisors Group is an international, multi-professional business consulting and wealth planning service group integrated by Candal Advisors Inc., a corporate and wealth planning advisory firm; Candal Business Solutions S. L., a Trust and Management advisory firm; and Taxand Venezuela a fiscal and corporate advisory firm.  Each firm in each country is a separate legal entity responsible for delivering client services.

     

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