⚙️Tax on the use of Cryptoassets

The tax on the use of cryptoassets for the payment of goods and services, as established by the Law that establishes the reform of the Value Added Tax Law of 2020.

Use of cryptoassets for the payment of goods and services: articles 27 and 62 of the Value Added Tax (VAT) Law establish the payment with active cryptoassets for goods and services, establishing the respective general and special tax rate for this tax.

Constituent Decree for Partial Reform of the Decree with Range, Value and Force of Law that establishes the Value Added Tax, Official Gazette of the Bolivarian Republic of Venezuela No. 6.507 Extraordinary, dated January 29, 2020.

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