VAT
2 articles tagged "VAT".
Colombia's Petro Administration Proposes Permanent VAT on Online Gambling in New Tax Reform
Colombia's government has proposed making the 19% VAT on online gambling permanent as part of its fifth tax reform, aiming to raise COP 1.7 trillion in 2027. The move follows previous legislative failures and a court ruling that struck down a similar decree.
Colombia’s Outgoing Petro Administration Revives Push for Permanent Online Gambling VAT
Colombia's outgoing Petro government has submitted a new tax reform bill to Congress seeking to permanently impose a 19% VAT on online gambling, projecting COP1.7 trillion in revenue by 2027, but the move faces industry opposition and legislative hurdles amid conflicting claims about the tax's impact on the sector.