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Circular Letter N° 350 “Discounts on Rates and Application of VAT on the Services of DCV for 2023”
Circular

Circular Letter N° 350 “Discounts on Rates and Application of VAT on the Services of DCV for 2023”

17 OF JANUARY, 2023 | 26

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Dear Participants,

Depósito Central de Valores (DCV) informs you that in its Board meeting held on Tuesday, December 20, 2022, the following discounts to the rates described below will be applied to invoices starting January 2023:


As informed in Circular N°347 of October 2022, and starting January 2023, Value Added Tax (VAT) will be applied to all DCV services. The above is due to the application of Law 21420, which reduces or eliminates tax exemptions on services with VAT, including the services of DCV. Due to the above, starting January 2023, all invoices issued by DCV to its clients will include VAT in the total amount.


Kind regards,
DEPÓSITO CENTRAL DE VALORES S.A.,
DEPÓSITO DE VALORES

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