Target to collect 25 billion pesos by 2023 tax reform Presented by the Minister of Finance, José Antonio Ocampo, it cannot be changed. It therefore asks businessmen and society in general to offer alternatives to compensate for these resources if they do not agree with any of its proposals, in order to ultimately be able to finance the strengthening of the country’s social protection system. . . .
In an interview with EL TIEMPO, the official stated that among the points he would like to review are sugary drinks and junk food, dividends and free zones. It also announced that they would include other proposals among them in the bill. Prohibit paying more than 10 million pesos in cash.
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Overall, it was well received. There are some critical points that are the subject of discussion. Perhaps the most important of these is sugary drinks and ultra-processed foods. In my meetings with the third committees of the House and Senate, we heard public comments and concerns. The second point is the taxation of dividends and the third is the taxation of free zones. In the latter case, my meetings have been very productive. I think we’re going to come to full agreement on how we’re going to go about this. And two other issues are still controversial.
I want to hear suggestions.
No. I really don’t have an alternative proposal so far. In the first case, there will be a proposal to eliminate the relevant substances. Second, don’t change the regimen or just change it to a more moderate one. Now, I’ve made it clear that I’d also like to hear proposals to increase tax collection.
(Be sure to read: Pensions, wealth and rent rates, keys to tax reform)
companies and society in general. It’s easy to say no to taxes; I want to hear yes to taxes too.
Free zones agree to be exporters, as we stated in the draft law. In other words, they are included in internationalization plans with the established transition year. We are also discussing some elements, perhaps we demand the application of the general regime in this article to sole proprietorships and the implementation of a regime in which the benefits of the next year are not lost.
When they say it will be 25 billion pesos, remove that benefit or this rule, I say fine, then which one should I add? I explained this to all sectors.
The chairmen of the commissions and the Senate are in favor of the message of urgency.
I am part of a government, I trust the President.
It is absolutely egalitarian and progressive. This is partly because we remove a number of certain advantages that don’t make much sense within a country’s tax system.
Very high income individuals. Not more than 10 million pesos per month, but more than 50 million pesos. And also it oil, coal and gold industries.
They are not many. It is 2 percent of the highest income in the calculation.
This is exactly part of the discussion.
Exactly, that’s what we’re discussing. In any case, let’s make it clear that this item is a very small part of what we propose in terms of collection.
What I’m pointing out is that, based on the information we have, these subsidies are heavily smuggled. There are small regional mafias. I believe it is not a good tool to support border areas. I told them to talk about other benefits, but not this one.
Yes, it will depend on the person’s income. However, this is also open to debate.
(Be sure to read: This is how the new tax affects Colombians’ pockets)
Yes, there are special rules about this.
I don’t believe this is an effect brought about by taxation because then European countries with much higher taxes won’t save. I don’t think it has a big impact.
this wealth tax this is small. The tax is moderate if any rate of return on a property is considered and includes the valuation of the property.
Those with more than 10 million pesos.
All income will be added up, so if you have any other income then you have more than 10 million pesos.
Yes, it’s all about tax. It should be said that most retirees receive only pensions.
There are a number of exemptions that have been lifted, but there are also a few tax benefits that we maintain, such as social housing, new energy alternatives, and we will also reintroduce support measures for national cinema. On the other hand, others can be used, but with a limit set by law.
Yes, that’s right, we save the benefit for the culture.
Yes, there are some rules. For example, if it has more than 300,000 users or generates a gross income of 31,300 UVT (1.189 million pesos). That is, if they reach a certain level of sales in Colombia or their customers, they are considered companies established in the country and pay income tax like all companies.
It is a rule about free trade agreements. From now on, if it’s products made in the United States, they keep the benefit because we have an FTA with that country. However, it will not have products that come from the United States through Amazon but are manufactured in other countries.
I think this should be clearly defined. Whoever is sending the product has to install it.
There is no deterrent in today’s international prices. We capture only 10 percent of excess prices. It is a fairly small amount. The high international price is a much higher incentive than what we recommend in law.
Let’s see what will be proposed in the parliamentary debate.
That’s what will get us to a total collection of 50 billion pesos, we’re talking gradually 25 billion pesos a year. Basically, it was going to happen with the modernization of Dian, with technological tools that allowed the kidnapper to be better caught. For example, we will add an article that prohibits it. cash payment More than 10 million pesos. There is a lot of smuggling here by buying cars for cash, bills, millions of pesos, even real estate. This is an escape control.
NOELIA CIGUENZA RIANO
Economics and Business Editorial
I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.