- Colombia’s Law 2615 of 2026 (Music Law), effective July 29, 2026, adds VAT incentives for parts of the music sector.
- Musical works such as compositions, sheet music, arrangements, and original phonograms are now VAT-exempt.
- Certain items and services are VAT-excluded, including musical instruments, specialized sound-editing software/hardware, and some online phonogram licensing services, but mainly for non-mainstream artists under future government rules.
- Raw materials, parts, tools, and inputs used exclusively to manufacture, repair, maintain, or assemble musical instruments are also VAT-excluded for registered luthiers, artisans, and manufacturers in SIMUS.
- Businesses must check the exact category and eligibility conditions before applying the VAT relief.
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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