According to the Official Gazette No. 40486 published on February 11, 2016, the Venezuelan Government has increased the tributary unit (tax unit in Venezuela) from Venezuelan Bs. 150 to 177 (a 18 percent increase) without prior notice.
This change has affected the official fees at the Venezuelan PTO, which from February 12, 2016 have also increased 18 percent.
Previously published on 1...