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The New Tax Reform Will Review VAT and Consumer Tax Exemptions
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The Ministry of Finance denied circulating information on an increase in VAT from 19% to 26%, calling it incorrect. It emphasized that the reform should not be understood as a traditional fiscal adjustment, but as an opportunity to rethink national tax benefits and generate debate on the country’s fiscal policy. The holder of the portfolio, Germán Ávila, confirmed that he will present a new tax reform focused on the restructuring of figures such…
Carbon taxes, online gambling would also be reviewed; new church charges and pollutants would be explored
·Bogotá, Colombia
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