Tag: mining energy sector

Rising oil, key to export value recovery: Fedesarrollo

Rising oil, key to export value recovery: Fedesarrollo

Mejía recalled that the sector mining energy almost represents the 60% of the dollar generations for Colombia, so “it’s almost impossible to replace quickly.” “When we talk about the energy transition, it is essential to give medium and long-term signs of how this transition will be achieved without causing trauma in something that is of […]

Tax on coal and oil exports comes from the tax

Tax on coal and oil exports comes from the tax

Presenting the tax reform for the first debate, the tax on coal and oil exports will be abolished and royalties will not be deductible. In addition, a surcharge on the income tax is determined. Finance Minister José Antonio Ocampo explained that the surcharge for oil and coal companies will be 10% in the first year, […]