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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 6 sources · 4 days · First seen · Last updated
Venezuela tax administration modernization and revenue
Overview
Venezuela’s tax authority, Seniat, reported a significant increase in revenue for September 2026, totaling approximately $1.198 billion. This figure marks a 37.6% increase compared to September 2025 and a 13% rise from the previous month. Revenue growth was driven by internal taxes, which reached roughly $810.54 million, and customs revenue, which rose by over 46% to approximately $365 million.
These financial results are linked to the MODA model, a modernization, digitalization, and automation initiative designed to streamline administrative procedures and transition toward digital commerce.
To further support these efforts, Seniat has entered into a strategic alliance with the Superintendency of Banking Sector Institutions (Sudeban). The partnership involves interconnecting Seniat’s systems with the national financial system to facilitate information exchange. This cooperation aims to improve the monitoring and control of tax collection, identify taxpayer inconsistencies, and encourage the formalization of commercial activities within the national financial ecosystem.
Entities
SENIAT · Delcy Rodríguez · Román Maniglia · Anmy Pérez · Sudeban
Timeline
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[BUSINESS] 4 sourcesSeniat and Sudeban partner to strengthen Venezuelan tax collection
Seniat and Sudeban have signed an agreement in Venezuela to interconnect systems and exchange information to strengthen tax collection and modernize fiscal management through digitalization.
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[BUSINESS] 2 sourcesSeniat reports $1.198 billion in tax revenue for September 2026
Venezuela's Seniat reported $1.198 billion in tax revenue for September 2026, driven by a modernization initiative called the MODA model focused on digitalization and automation.
Sources
ciat.org · nuevodia.com.ve · primeraedicioncol.com · primicia.com.ve · promar.tv · yaracuyaldia.com