In this regard, Christian Garcés, representative at the Camera by the Democratic Center and coordinator of the projectexplained that the initiative “authorizes the President of the Republic to declare up to three days without VAT and, in addition, to define the activities economic that they want to promote. In this way it is possible to […]
Tag: Day without VAT
84% of Colombians want VAT-free days to continue: Fenalco
When asked “Do you agree that next year there will be two day shifts without VAT, as suggested in the discussions on the tax reform?” 84% of those surveyed answered in the affirmative, 9% said no and 7% declared themselves ‘indifferent’. The president of Fenalco, Jaime Alberto Cabalpointed out that the survey found that “Colombians […]
The controversy that caused the return of VAT-free days for domestic products
After the national government confirmed that two days of days without VAT in Colombia in 2023, but they will only apply to national products, otherwise unions and analysts have reacted to this measure with divided opinion. One of them is Javier Díaz, president of the National Association of Foreign Trade (Analdex), which states that the […]
In 2023 there would be two days of the day without VAT for national products
The reactions The President of the National Federation of Traders (fenalco), Jaime Alberto Cabal, said the union is celebrating that the proposal to keep the days without VAT was accepted with the change to national products. “In this way, small and medium-sized trade continues to be stimulated, as well as manufacturing and national industry,” he […]
The day’s sales excluding tax were $7.48 billion
Sale on the second day of the Day without VAT of the year and eighth in history in Colombia totaled $7.48 trillion and electronic bill transactions reached 4.4 million. This data corresponds to a partial report with a cut-off at 5 p.m. If this result is compared with the first day of this year on […]
The VAT-free day exceeded expectations with $10.6 billion in revenue
The results of the sale of the trade in the second day without VATconducted last Friday, surpassing expectations to reach $10.6 trillion, achieving a growth of 16.6% compared to the first day in March this year. The value of sales reflects the 7.2 million transactions performed on this day via electronic invoicing that, according to […]
Recommendations for safe online purchases on the VAT-free Day
The second will be held this June 17th Day without VAT of the year, ordered by the national government to buy certain items with the 19% exemption. This Friday, trade in Colombia expects sales between $9 and $10 billion in the context of version number 8 of the Day without VAT. Consumers will be able […]
Fenalco proposes to increase the June premium to take advantage of the VAT-free Day
for those Colombians take advantage of the Day without VAT which will take place next Friday, June 17, the National Federation of Traders (Fenalco) has requested the central government to advance the payment of the half-year bonus to employees. This proposal was made by means of a letter addressed to the finance ministers, Jose Manuel […]
Fenalco proposes to export the Day without VAT model
Based on the good results achieved in the days without VAT in Colombia, the President of the National Federation of Traders (Fenalco), Jaime Alberto Cabal, proposed the associations and governments of Latin America to implement this model. The union leader presented the initiative during the celebration of the 35th anniversary of the Latin American Association […]
Barranquilla is ready for the first VAT-free day of the year
With expectations shared by traders, barranquilla get ready to live first day without VAT of 2022where consumers can buy technology products, school supplies, clothing, sports equipment, among other things, with exemption from this tax. On this day the new price ceilings of the product category that can be purchased are $760,080 for clothing and accessories; […]