Do you conduct P2P arbitrage in Venezuela, and has SENIAT notified you that you are a special taxpayer?
As of 01/11/2026, Ruling SNAT/2026/00099 is in effect. The thresholds are: 600,000 times the euro exchange rate per year (≈ USD 674,560) or more than 50,000 per month (≈ USD 56,200).
The threshold measures volume, not profit: 10,000 USDT rotated 6 times a month adds up to 720,000 in sales, with a margin of around 7,200.
This is not a new tax or a penalty. It does mean a special filing schedule, a 1% ISLR advance payment every two weeks, and 3% IGTF if you collect payment in foreign currency or crypto.
#P2P #USDT #Venezuela
As of 01/11/2026, Ruling SNAT/2026/00099 is in effect. The thresholds are: 600,000 times the euro exchange rate per year (≈ USD 674,560) or more than 50,000 per month (≈ USD 56,200).
The threshold measures volume, not profit: 10,000 USDT rotated 6 times a month adds up to 720,000 in sales, with a margin of around 7,200.
This is not a new tax or a penalty. It does mean a special filing schedule, a 1% ISLR advance payment every two weeks, and 3% IGTF if you collect payment in foreign currency or crypto.
#P2P #USDT #Venezuela