Consecomercio proposes new tax system architecture for Venezuela's economic growth

Consecomercio, a Venezuelan business group, has emphasized the need for a new tax system architecture to drive productive economic development and social well-being. The organization met with the National Integrated Service of Customs and Tax Administration (Seniat) on July 21, 2026, to discuss these reforms.

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The importance of working on a new architecture of the Venezuelan tax system as an indispensable way to generate a new model of productive development, which promotes the growth of the economy as a source of wealth and social well-being.

Felipe Capozzolo and Tiziana Polesel of Fedecámaras, along with leaders from Consecomercio, Conindustria, and other business associations, attended the meeting. Consecomercio views this initial dialogue as productive and anticipates concrete outcomes. The group supports fiscal initiatives that are less punitive, encourage wealth and job creation, and facilitate the transition from the informal to the formal economy.

Consecomercio advocates for a tax system harmonized across municipal, regional, and national government levels. They propose a more just, progressive, and less invasive collection system that protects national economic development. Additionally, they called for an integrated technological platform connecting public administration bodies to improve efficiency and reduce discretionary interactions between officials and businesses, thereby increasing state revenue.

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This first approach was productive, with good expectations, always betting on the concretization of reliable facts.

The business guild also presented administrative proposals to boost the economy, including simplified automated processes for efficient tax collection without hindering business operations. They also suggested extending the VAT payment period.

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The new tax model must be a harmonized system at the three levels of government: municipal, regional, and national; where criteria and public policies are homologated that allow for a much fairer, progressive, and less invasive integral collection, which protects the development of the national economy.