Posted by Toni Peters | Oct 26, 2011 | News
Colombia’s President Juan Manuel Santos on Wednesday announced $532 million to be invested in tackling the backlog in the country’s judicial system. “During the five years following the entry into force of the...
Read MorePosted by Toni Peters | Oct 25, 2011 | News
Colombian judicial police have found gold bullion, gold dust, euros, dollars and Colombian pesos worth $2.4 million in an apartment in a gated community in Cali, Colombian media reported Tuesday. The booty was found in a safe in...
Read MorePosted by Toni Peters | Oct 25, 2011 | Economy
Colombia’s rich pay 14% in income tax despite the nominal rate being 33% according to a study by accounting form KPMG, Colombian media reported. In a study which compared that rate of income tax paid by citizens across 96...
Read MorePosted by Toni Peters | Oct 25, 2011 | News
Colombia’s National Association of Financial Institutions (ANIF) recommended increasing the national minimum wage for 2012 by 5%, from $286 to $300. In a report published Tuesday titled Guidelines for the readjustment of...
Read MorePosted by Toni Peters | Oct 25, 2011 | Tourism
Canadian, Mexican, and certain Caribbean travelers entering the United States by sea or air must now pay a $5.50 tax after the recently ratified Colombia-US free trade agreement removed exemption from the tariff. Under the North...
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