Tax reform: its presentation would not be for the first half of the year

While President Iván Duque assures that this is not yet the time to present a tax reform, the Minister of Finance thinks otherwise.

The tax reform would not be presented during the first quarter of the year. The President of Colombia, Iván Duque, has said that he considers that in the middle of the pandemic and with the economy in decline the country would not withstand such a blow at this time.

However, the Minister of Finance, Alberto Carrasquilla, former President Álvaro Uribe and several economists do not agree with the point of view of the first president of the Colombians.

The argument of this group is that despite the seriousness of the situation, prolonging the reforms would aggravate the crisis even more and put the country’s investment grade at risk.

For its part, the private sector agrees with the president and this is why the reform would be made at the end of the year or even the responsibility would fall in the hands of the next government.

Source: Actualícese