Colombia to raise tax rate on online gambling

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Colombia to raise tax rate on online gambling

The government has approved a new flat tax rate for licensed online gambling. The tax rate has been set at 19 percent of gross gaming revenue (GGR), replacing the existing scale of 15 to 17 percent of GGR, which varies depending on whether operators maintain a return to player (RTP) rate above 83 percent. The change was introduced in Decree 0175, which also introduced changes for the financial services and energy sectors. The tax on coal and gas…

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Decree 0175 of 2025 seeks to finance the public order crisis. In an effort to stabilize the public order situation in Catatumbo and surrounding areas, the National Government has enacted Legislative Decree 0175 of 2025. This decree, issued on February 14, establishes tax measures that seek to obtain additional resources to meet the necessary expenses in light of the state of internal unrest declared in the region. "The decree is issued to obtain…