Seniat Reports October Tax Revenue Surpasses 161 Billion Bolivars

In October, the National Integrated Service for the Administration of Customs Duties and Taxes (Seniat) reported a tax revenue of 161.5 billion bolívars, reflecting ongoing fiscal efforts in Venezuela.

• The National Integrated Service for the Administration of Customs Duties and Taxes (Seniat) collected 161.523.259.970 bolívares in tax revenue during October 2023.
• José David Cabello, the superintendent of Seniat, announced the tax revenue figures via his official social media channels, emphasizing the importance of tax compliance.
• The revenue includes contributions from various tax sources, notably the Value-added tax, which plays a crucial role in Venezuelas economic recovery efforts.