Update June 19, 2021: The Ministry of Health has extended the sanitary emergency until 31 August 2021
The Government established a 0% VAT rate for 211 goods, including medical equipment, soap, antibacterial gel, laundry detergent, some cleaners, special masks, gloves for surgery, nebulizers, vital sign monitors, portable x-ray machines and hospital beds. The 0% VAT rate will apply during the time the sanitary emergency is in place. Taxpayers must meet certain requirements for the 0% rate to apply.
Also … Fast track procedure for income tax and VAT refunds and compensation requests
Source EY
Latest Posts in "Colombia"
- Colombia Issues Guidelines for Importing Single-Use Plastics and Applying National Tax Requirements
- Colombia Expands Single‑Use Plastic Tax: What Importers Need to Know
- Draft Decree regarding the circulation of electronic sales invoices as negotiable instruments
- Colombia’s President Defends 19% Gambling VAT Amid Budget Crisis and Court Challenge
- Colombia Expands Single-Use Plastics Tax to Imports: New Calculation and Payment Guidelines Issued
