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Circular Letter N° 347 “VAT Application Starting in 2023”
Circular

Circular Letter N° 347 “VAT Application Starting in 2023”

03 OF OCTOBER, 2022 | 22

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Dear Participants,

Depósito Central de Valores S.A., Depósito de Valores (DCV) informs that starting January 1, 2023, all its services are subject to Value Added Tax (VAT).

The above is due to the application of Law 21420, which reduces or eliminates tax exemptions and imposes taxes on services with VAT, including the services of DCV.

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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