Tax Management on Licensing of Software in Venezuela

Licensing of software in Venezuela is treated as a service provided within the country. A licensee of software must pay tax on the total price paid for the transaction, since the sum paid for the license is treated like a commercial service and therefore subject to tax.

The following questions have been addressed in this article:

What justification can be given for taxing software licensing?
Is Venezuela’s income tax law applicable to software licensing?

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