Bases of the 2026-2030 National Development Plan propose 16 years of stability in income and wealth tax for large investors
The Bases of the 2026-2030 National Development Plan propose a regime that would give sixteen years of stability in income and wealth tax rules to those investing in large projects. The Government aims to raise investment to 25 percent of GDP by 2030 and grow at 6 percent a year. The document, the starting point of the discussion before being filed as a bill, also foresees mega-projects, faster environmental permits and spending cuts.
In 40 seconds
- The regime is called Ruge and would shield long-term investors from tax changes in the rules it covers.
- Access would depend on objective conditions, verifiable commitments and differentiated minimum amounts by sector, including infrastructure, energy, agroindustry and tourism.
- Investment currently equals 16.1 percent of GDP, versus 24 percent in 2014, and potential growth is below 3 percent.
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IASummary generated by artificial intelligence from a story by El Tiempo. It may contain errors: the original source prevails.
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