With a tie of four votes between its judges, the Plenary Chamber of the Constitutional Court did not make a decision on the constitutional future of the wealth taxcreated in the last tax reform of the Government and that would apply for citizens who have assets exceeding 3,388 million pesos.
Regarding this measure, contemplated in the reform, Some people decided to take legal actionmore specifically, with two lawsuits on which the high court was expected to rule.
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In the appeals, the plaintiffs claimed that if successful, this will be the first permanent tax since the implementation of the 1991 ConstitutionThis is because people will have to pay taxes annually on part of their assets, which could reduce them in the long term.
In addition, They claim that this tax was going to be added to others that some taxpayers in the country already have..
Wealth tax.
In the Court, the presentation was given to the Judge Jorge Enrique Ibañezwho, together with his colleagues, discussed whether or not the five articles that speak about this tax in the tax reform are unconstitutional,
However, the court did not reach an agreement in favour of promoting or rejecting the initiative, as four judges (Ibáñez, Antonio José Lizarazo, Paola Meneses and José Fernando Reyes) voted in favour of the motion, while another four voted against it (Diana Fajardo, Cristina Pardo, Juan Carlos Cortés and Natalia Ángel Cabo).
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So things will be the Associate Judge Clara Cecilia Dueñas which, if it accepts the file in the next few days, will settle the debate on the constitutional future of the five articles demanded by the Lawyers Guillermo Otálora Lozano and Humberto Sierra Porto.
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