Colombian tax reform gets praise from IMF
The IMF praised Colombia’s progressive tax overhaul, widely labeled as the “wealth tax,” as its representatives met with Finance Minister Mauricio Cardenas in Washington earlier this week.
The IMF praised Colombia’s progressive tax overhaul, widely labeled as the “wealth tax,” as its representatives met with Finance Minister Mauricio Cardenas in Washington earlier this week.
With oil accounting for more than 67% of total Colombian exports in 2013, falling market prices and production threaten the Colombian economy.