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Colombia Consumption Tax and VAT Relief for COVID-19

Measures

  • VAT exemption holidays for consumers on 19 June, 3 July, and 19 July 2020
  • Reduction in the consumption tax rate for restaurants, cafeterias, and other similar food and beverage services is reduced from 8% to 0% until 31 December 2020
  • VAT exemption on leases of commercial property until 31 July 2020

 

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