Financing Law: Doubts and negative points

Several tax experts expressed their points of view on the Financing Law. They highlighted the doubts they have about this law and several negative points they see.

The former Minister of Finance, Guillermo Perry, stated that in terms of companies, the Financing Law was negative because tax exemptions and privileges were maintained and increased in sectors such as agriculture and livestock and the orange economy.

Horacio Ayala, former director of the Dian, said that evasion begins in the legislation and that there is a confusing legislation. “Issues such as mega works, the orange economy and free zones are very difficult for the Dian to control,” he said.

For his part, Munir Jalil, says that this reform helps to meet the 2019 goal but it was not a sufficient condition. “The question is what is going to be sold to get the necessary resources. Acceleration in investment is the main bet of this law,” he opined.

Source: Actualize