Tax hikes could fund infastructure, peace measures: Colombia govt
Colombia’s latest budget proposal looks set to pay for education, infrastructure and...
Tag: tax
Banks gear up to pressure Colombia’s govt to end ‘always changing’ tax reform
Colombia’s banks will press the government to stabilize the country’s tax reform...
Corruption in Colombia tax and customs agency much worse than originally thought: Agency director
Embezzlement is a significantly bigger problem within Colombia’s tax agency (DIAN) than was...
Colombia takes in $14 billion in tax revenue so far in 2014, 19% growth on 2013
Colombia recorded $14 billion in tax revenues in the first quarter of this year, up 19% on the...
US, Colombia sign new pact to fight tax evasion
The United States and Colombia have signed a new deal to fight tax evasion, local media reported...
Colombia govt unveils bold support measures for abused women
The Colombian government on Thursday announced strong new measures to support women who have been the victims of violence. The two new decrees, tax breaks for companies that employ victims and increased financial support for...
President Santos lying about tax reform: Senator
Colombian President Juan Manuel Santos lied about his proposed tax reform, according to Senator Jorge Robledo Thursday. Santos lied to the Colombian public when he asserted, “those who earn less pay less, while those that earn...
Colombians have over $50B in offshore accounts: finance minister
Colombians allegedly have more than $50 billion in offshore accounts thus avoiding to pay taxes, said the country’s finance minister, who warned on Tuesday that the free ride was coming to an end. Finance Minister Mauricio...
14% of cigarettes sold in Colombia in 2011 were smuggled
Approximately 2.5 of the 15.4 billion cigarettes sold in Colombia in 2011 were smuggled, according to a study by Colombia’s National Merchant Federation (Fenalco). Guillermo Botero Nieto, President of Fenalco explained...
Thousands gather to protest property tax hike in southwestern Colombia
Thousands gathered in the southwestern Colombian city of Pasto to protest a hefty property tax hike. Local media reported Wednesday that close to 2,000 people had descended upon the Plaza del Nariño to express outrage over a...
Colombia’s 2011 tax revenue surpasses target by 10%
The director of Colombia’s tax collection agency, DIAN, said the tax revenue target for 2011 is surpassed by $3.8 billion or 9.4%, reported Caracol Radio Wednesday. DIAN director Juan Ricardo Ortega said the agency...
Winter rains could hit Colombia’s tax revenue
The current rainy season could negatively impact 2012 tax revenue, said the director of Colombia’s national tax office, DIAN, Colombia media reported Wednesday. DIAN director Juan Ricardo Ortega said during a Congress...
