This reform has affected many sectors of the economy economy a tax burden, and now a new tax reform or some adjustments in the Congress of the Republic.
At the end of 2023, the president Gustavo Petro he proposed to the businessmen to revise the budget text adopted in 2022. “I think it’s time to look at that implications. The version approved by Congress has been radically transformed by Judicial decisions, is not the same one we present. But to increase the productive activity of the country, a re-examination is needed.”
In this sense, the new tax reform has as its main pillar corporate income and its gradual reduction in the medium term, while income increases natural people.
“This would be in line with the accounts managed by the other countries that are part of the OECD and the organization’s own recommendations to Colombia,” said the Minister of Finance, Ricardo Bonilla in an interview with Reuters.
Source: El heraldo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
