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Colombia's Capital Votes Higher Taxes on Banks, Car Sales and Alcohol

Summary by The Rio Times
Colombia's capital needs money for 370,000 smart street lights. Its council has approved higher business taxes on banks, car dealers and alcohol sellers from 2027, and cuts for restaurants, bars and most industry.

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The Rio TimesThe Rio Times
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Colombia's Capital Votes Higher Taxes on Banks, Car Sales and Alcohol

Colombia's capital needs money for 370,000 smart street lights. Its council has approved higher business taxes on banks, car dealers and alcohol sellers from 2027, and cuts for restaurants, bars and most industry.

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The Rio Times broke the news on Sunday, September 27, 2026.
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