- Colombia’s Ministry of Finance proposes tax reforms for 2026 to raise COP 26.3 trillion.
- VAT rates for hybrid vehicles will no longer have a reduced rate.
- Financial sector surcharges will increase to 15 percent.
- VAT exemption for tourist services for foreign residents will be removed.
- Preferential VAT rates for liquid fuels will be phased out.
Source: fiscal-requirements.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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