Coffee growers question VAT hike on coffee to 19%: "Protecting its consumption is protecting our economy"

FinanceColombiaEl ColombianoOct 30, 2026, 9:19 AM35 s readAI summary

The manager of the National Federation of Coffee Growers, Germán Bahamón Jaramillo, questioned the Government's proposal to raise VAT on coffee from 5% to 19% starting in 2028, included in the Economic Rescue Bill (477 of 2026) filed in Congress. Bahamón warned that the increase could contract demand, hurt the domestic industry and lead consumers to replace Colombian coffee with cheaper imports. The guild asked for the measure to be reconsidered and defended domestic consumption.

In 35 seconds

The Economic Rescue Bill would eliminate from 2028 the 5% reduced VAT rate for coffee, sugar, oils, pasta and chocolate.
Fedecafé warns the hike could contract demand and affect the entire production chain.
The guild warns of the risk of substitution by cheaper imported coffee.

Read the full story at El Colombiano

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

IVA
café
Federación Nacional de Cafeteros
Ley de Rescate Económico
impuestos

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Coffee growers question VAT hike on coffee to 19%: "Protecting its consumption is protecting our economy"

In 35 seconds

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day