Investment in Venezuela: Conditions and Outlook for United States InvestorsU.S. Government Printing Office, 1953 - 158 páginas |
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Palavras e frases frequentes
activities addition agricultural amount annual Anzoátegui approximately Apure Aragua average Banco Barinas Barquisimeto barrels cacao capital Caracas Carúpano cattle Central Bank Ciudad Bolívar coffee Cojedes commercial Compañía concessions construction consumption Corporation cotton crops Cumaná Delta Amacuro deposits domestic economic enterprises established estimated exports facilities Falcón Federal District feet fish foreign forests Guaira Guárico highway important income increased industry investment La Guaira labor Lake Maracaibo largest livestock Llanos located manufacture Maracay Maturín ment Mérida metric tons miles milk mills mining Ministerio de Fomento Ministry operations Orinoco Orinoco River output percent petroleum plant population port principal production Puerto Cabello Puerto La Cruz railway rayon recent refinery refining region rice River Source Táchira tariff textile tion trade transportation United Valencia Vene Venezolana Venezuela Venezuelan Government Yaracuy Zone zuela Zulia
Passagens conhecidas
Página 138 - ... (a) If 95 per centum or more of the gross income of such domestic corporation for the three-year period immediately preceding the close of the taxable year (or for such part of such period during which the corporation was in existence) was derived from sources other than sources within the United States; and (b) If 90 per centum or more of its gross income for such period or such part thereof was derived from the active conduct of a trade or business.
Página 138 - States— (1) If 80 per centum or more of the gross income of such citizen or domestic corporation (computed without the benefit of this section) for the three-year period immediately preceding the close of the taxable year (or for such part of such period immediately preceding the close of such taxable year as may be applicable...
Página 97 - Petroleum companies must conduct all exchange operations in the official market. To meet local currency needs in Venezuela they are required to sell foreign exchange to the Central Bank at the rate of 3.09 bolivares to the dollar for amounts not exceeding the Bank's exchange sales in any calendar year. Amounts in excess of the Bank's annual requirements are delivered at a rate approximately equal to the gold import point (currently 3.046259 bolivares per dollar).
Página 147 - ... desiring in association with others to promote the economic development of various parts of the world, to increase the production and availability of goods, things, and services useful to the lives or livelihood of their peoples, and thus to better their standards of living, and believing that these aims can be furthered through a corporation dedicated to their fulfillment and employing scientific and modern methods and techniques...
Página 138 - Sections 164 and 901, which permit, within certain limits, either a deduction or a credit for foreign income taxes (or a tax in lieu of an income tax) paid by the United States taxpayer. 2. Section 911, which provides that an individual citizen may exclude from his gross income amounts received for personal services performed outside the United States if he has been a bona fide resident in a foreign country for an uninterrupted period which includes the tax year.
Página 137 - Under Colombian law the sociedad anonima possesses the essential characteristics of the United States corporate form. Its capital consists of shares subscribed by stockholders whose liability is limited to the extent of their share holdings. It is a juridical person with its own name, domicile, and property. It may sue or be sued in its own corporate name. No sociedad anonima may be organized with less than five shareholders. It is organized by means of a notarial instrument which includes the agreement...
Página 138 - Indies, and has at least 95 percent of its gross income from sources outside the United States and at least 90 percent of its income from the active conduct of a trade or business.
Página 93 - In addition to import duties other types of trade controls are imposed, such as licensing requirements, import quotas, regulations requiring the purchase of specified amounts of local products for each unit imported, import prohibitions, and quarantine laws. State...
Página 147 - We, the undersigned, desiring in association with others to promote the economic development of various parts of the world, to increase the production and availability of goods, things and services useful to the lives or livelihood of their peoples, and thus to better their standards of living...