For Alejandro Chacón, the current VAT rate, which is 19%, should be reduced to 8%. This would not affect tax collection. Representative Alejandro Chacón has made a series of proposals regarding the tax reform. The first one is to replace the VAT with the consumption tax, an idea he had formulated in the debates of … 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
The Tax Network proposes that no salaried employee or pensioner earning less than 6 million pesos per month should pay more in income. It also suggests eliminating all tax benefits, including special rates and ICA discount, which give preferential treatment to some sectors. The Tax Work Network (Universidad Javeriana, Universidad Externado de Colombia, Universidad del … Read more
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