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De la Espriella government proposal would raise VAT to 19% on foods currently taxed at 5%

FinanceColombiaValora Analitik15 s readAI summary
Image: Valora Analitik

A proposal from the De la Espriella government contemplates raising VAT to 19% on foods currently taxed at 5%, according to the report. The plan states that most of those products would formally move to the general 19% rate. It would also include a tax refund for poor households.

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

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