The Third Tax Reform Announced by the Petro Government: More Questions Than Answers?

Tax attorney Rafael Lafont wrote column for El Heraldo about the third tax reform proposed by the Petro Administration in Colombia. He highlights possible measures such as the elimination of value-added tax (VAT) exemptions, an increase in income tax and new levies on pollutants and online gambling. He warns that without thorough debate, the changes could negatively affect the country's economic growth. He also raises concerns about whether previously rejected proposals will be revisited, such as eliminating the simplified tax regime and increasing the tax on occasional gains.

READ: The Third Tax Reform Announced by the Petro Government: More Questions Than Answers?