• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Nearly 80 countries already tax Temu and Shein packages; Colombia could join with the Ley de Rescate

FinanceColombiaPortafolio15 s readAI summary
Image: Portafolio

Nearly 80 countries already apply taxes to low-value packages shipped by platforms such as Temu and Shein. In Colombia, the Ley de Rescate seeks to make those shipments pay VAT as well, since there is currently an exemption for packages worth up to US$200.

Read the full story at Portafolio

IASummary generated by artificial intelligence from a story by Portafolio. It may contain errors: the original source prevails.

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