Did SENIAT classify you as a special taxpayer because of your P2P volume? That classification is an administrative act and can be challenged.
You are assessed based on volume, not profit: 720,000 in gross sales per year may amount to just 7,200 in actual profit.
The hierarchical appeal (COT, arts. 272 et seq.) must be submitted in writing to the office that classified you, within the 25 business days following notification.
Common grounds for challenge: lack of reasoning, false assumptions, and an assessment made without following the proper procedure. You can also request a suspension of the effects (art. 277).
#P2P #SENIAT #Binance #Venezuela
You are assessed based on volume, not profit: 720,000 in gross sales per year may amount to just 7,200 in actual profit.
The hierarchical appeal (COT, arts. 272 et seq.) must be submitted in writing to the office that classified you, within the 25 business days following notification.
Common grounds for challenge: lack of reasoning, false assumptions, and an assessment made without following the proper procedure. You can also request a suspension of the effects (art. 277).
#P2P #SENIAT #Binance #Venezuela