The Ministry of Labor adopted measures to mitigate the economic impact of the sanitary emergency on workers’ income, authorizing the partial withdrawal of severance payments and reinforcing the mechanism for the protection of the unemployed. It also establishes provisions related to the granting of vacations. In view of the state of emergency currently faced by … Read more
With the declaration of the state of economic emergency, the national government issued a series of legislative decrees to grant tax relief to taxpayers. The state of economic emergency ended on April 17, 2020, 30 days after the issuance of Decree 417. On March 17, 2020, through Decree 417, the National Government declared, for a … Read more
Through Legislative Decree 688 of May 22, 2020, the Ministry of Finance adopted transitory tax measures to face the effects derived from the economic emergency due to COVID-19. The interest rate is reduced for debts resolved until November 30, 2020. Through Legislative Decree 688 issued by the Ministry of Finance on May 22, 2020, the … Read more
With the modifications that would be proposed, the Government would already be looking for a collection of between 18 and 20 billion pesos. No to VAT on public services. The Vice Minister of Finance, Juan Alberto Londoño, assured today in La FM that the reform will continue its course in the debates of the Congress … Read more
According to the Government, by 2023, those with a net income of $1,694,000 per month would pay income. Anif’s proposal would make those who have the capacity to do so pay more and those who do not pay less. By broadening the base, the Government expects to go from 3.5 million taxpayers to close to … Read more
Andi, Fenalco and the Consejo Gremial Nacional agree to suspend the discount of the industry and commerce tax, which by 2022 would be 100%. The Government would not look favorably on eliminating the special income tax rates for free zones and broadening the base of those responsible for the wealth tax. “The tax reform can … Read more
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