- The Colombian Government has submitted a bill to create a new customs sanctions regime, meeting Constitutional Court requirements.
- The bill aims to modernize customs sanctions, align with international standards, and strengthen the fight against smuggling.
- It was developed through collaboration among government ministries, DIAN, the private sector, and academia after public consultation.
- The government is committed to a transparent, efficient, and equitable regime, expecting Congress to approve it before June 2026.
Source: regfollower.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.
Latest Posts in "Colombia"
- Private IPS Medical Device Purchases with PBS Funds May Qualify for VAT Exclusion if Used in Healthcare
- Government Imposes 16% Consumption Tax on Online-Only Games of Chance via Decree 240
- 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
