Tag: minhacienda

Minhacienda supports the capitalization of the IDB

Minhacienda supports the capitalization of the IDB

The Treasury Secretary, José Antonio Ocampo, was in favor of promoting the capitalization of the Inter-American Development Bank (IDB) during his visit to the United States as part of the annual meetings of the International Monetary Fund (IMF). Ocampo said that if the bank is not capitalized, it could fall behind in fulfilling its functions […]

The tax return has been submitted for the first debate

The tax return has been submitted for the first debate

After nearly two months of discussions with congressmen and socializations with unions, businessmen, the media and citizens in general, the government and congressmen from the House and Senate’s third committees reached an agreement on Tuesday to approve the text of the document. the first debate on tax reform. The Minister of Finance and Public Credit, […]

Analysts expect interest rate hike of 100 basis points

Analysts expect interest rate hike of 100 basis points

Analysts’ forecasts of the decision to be passed by Banco de la República’s board of directors at its Thursday meeting point to a rate hike of between 100 and 150 basis points. This would take the reference rate from 9% to 10% or 10.5%. An increase of 150 basis points was implemented at the July […]

Minhacienda Announces Simple Regime Changes

Minhacienda Announces Simple Regime Changes

Finance Minister José Antonio Ocampo assured that changes to the simple regime will feed into the work to present the tax reform. “It will try to expand and bring more benefits to companies that benefit from the Simple Regime. It is one of the most interesting issues yet to be discussed,” Ocampo said. With these […]

Control of petrol smuggling in border areas will increase: Ocampo

Control of petrol smuggling in border areas will increase: Ocampo

Finance Minister José Antonio Ocampo said that with the withdrawal of the proposal to abolish the fuel subsidy in the country’s border regions from the tax reform, mechanisms will be put in place to control and curb petrol smuggling in these regions. . During the regional dialogue on tax reform with the economic committees of […]

$6.9 Billion Released to Pay Extraordinary Dividend in Ecopetrol

$6.9 Billion Released to Pay Extraordinary Dividend in Ecopetrol

At Ecopetrol’s Extraordinary General Meeting of Shareholders held Friday, it was approved to release part of the company’s occasional reserve for COP 6.9 billion to pay it as an extraordinary dividend. In this way, shareholders will receive $168 per share for the aforementioned extraordinary dividend, which will be added to the $280 that was approved […]

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