- Colombia enacted emergency VAT measures after the 2026 Budget’s Financing Law was rejected.
- VAT on alcoholic beverages increased from 5% to 19%, with 5% allocated to regional governments, raising potential constitutional issues.
- Online gambling is now subject to 19% VAT, applied to operators’ gross gaming revenue, including non-resident operators.
- The VAT-free threshold for low-value imports was reduced from USD 200 to USD 50, making more e-commerce imports subject to VAT.
Source: vatcalc.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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