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December 11, 2024
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Financing law presentation filed for debate in Economic Commissions

Financing law presentation filed for debate in Economic Commissions

The positive presentation of the financing lawwhich seeks to remedy the financial gap in the General Budget of the Nation, was filed this Tuesday to be debated by the Economic Commissions of the Congress of the Republic.

As explained by the speaker coordinator, Olga Lucía Velásquezwith this initiative we seek to collect 11.5 billion pesos.

(You can read: ‘I do not see a financing law for $12 billion as viable’: Juan Fernando Cristo).

We believe that it is important that the discussion be held. Joint Committees of the Senate and Chamber were scheduled for tomorrow to announce the presentation and on Wednesday the debate is expected to take place to vote on whether it is approved or not approved in the first debate.“, he mentioned to the media.

Regarding the new amount, the representative to the Chamber of the Green Alliance party He assured that a collection goal of between eight and 10 billion pesos was expectedruling out the possibility that a higher figure would be raised.

(Besides: Negotiation of the minimum started with few aspirations for success).

However, he explained that this new collection objective is expected as a result of “tax benefits that range between 2.5 and three billion pesos (…)“.

(We recommend: Petro Government is not resigned to letting the financing law sink).

He also mentioned that this would allow “People who have penalties, late payment interest, VAT debts, consumption and withholding at source can catch up. We hope this is for the benefit of all taxpayers who are in arrears.“.

Among the adjustments of the new initiative, the House representative also mentioned the elimination of the article that removed the VAT benefit for hybrid vehiclesas well as those who did the same with the tax benefits for occasional gain.

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