Return of Re-IVA grew by 14.6%, as of February 2025 - A Sol y Sombra

The return of 5% of the Value Added Tax (VAT) to the beneficiaries of the Re-VAT increased by 14.6% between January and February 2025, compared with the same two-month period of 2024, reported the president of the National Tax Service (SIN), Mario Cazón. The authority explained that the national government returned Bs18.8 million for the periods corresponding to January and February 2025, 14.6% higher (Bs2.4 million more) than the Bs16.4 million…