ANNULLED ARTICLE 15 OF THE LAW OF THE PUBLIC REGISTER AND THE NOTARY SYSTEM.
The Constitutional Chamber of the Supreme Tribunal of Justice of Venezuela annulled article 15 of the Law of Public Register and the Notary System, declaring that it violated the Constitutional provision that requires that all taxes be established by law. The annulled article allowed the Executive Branch to determine the tax rate for register and notary services.
Therefore, Registers and Notaries will not be able to charge any taxes for register and notary services until a Law fully establishing the tax rates is enacted, as required by the Constitution.
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