The government of Gustavo Petro will present next Monday, August 8 at the Congress of the republic the tax reform that seeks to collect $50 billion according to the estimates of the technical team of the administration that begins on August 7.
It was also reported that the initiative will not carry an urgent message and that its approval will be sought without major complications in the economic commissions and in the plenary sessions of the Senate and the House of Representatives.
The Minister of Finance, José Antonio Ocampo, has already revealed that he will seek to increase the income tax natural persons with incomes greater than $10 millionthere will be modifications for the exemptions to natural persons and launch actions to control avoidance and evasion, which may be between $50 billion and $80 billion.
He ruled out that they are thinking of establishing a tax on presumptive incomethe wealth tax between capitals of $2,000 million to $2,999 million would have a rate of 0.5% and for capitals between $3,000 and $3,100 it would be 0.5% for the first 3 billion and 1% for the remaining 100 million.
In the same way, it has been proposed to increase the tax on occasional earnings from 10% to 20% and the minister has been emphatic in pointing out that free zones will be given a minimum export requirement to maintain the tax benefit. Companies that, while in free zones, do not comply with this quota, must pay income above 35%.
Considers it unfair that there are companies with frank regimebut that sell exclusively in the national market while other national companies, which also sell in ColombiaThey don’t have that benefit. He explained that, if an agreement is not reached to set the minimum export quotas, from ZF he would be in favor of completely ending the regime.
The tax reform it will have “healthy taxes” especially for the sugary drinks and ultra-processed food sectors. His aspiration is that these taxes change consumption patterns as a public health measure. (The ideal is that the collection for this tax does not increase, that is, that people change for other healthier options.
On the other hand, Caracol Radio learned that the government that begins next Sunday will be evaluating the possibility of presenting a pension reform to Congress next year.