The tax reform is very close to becoming law. This Wednesday, November 16, the Senate of the Republic approved the final text of the project, which was completed on Thursday, November 10.
(Ready your pocket: the new taxes that Colombians will pay).
The voting in the corporation was 61 votes for ‘yes’ and 20 for ‘no’.
This Thursday, November 17, the turn to vote for the reconciled document will be for the House of Representatives.
Once it is approved by the entire Congress, the project will pass to presidential sanction to become a law of the Republic.
(Tax reform: food that will be taxed in 2023).
The tax reform of the government of Gustavo Petro hopes to collect 20 billion pesos during 2023. Initially, his goal was 25 billion.
Among the new taxes that Colombians will have are:
– Those who earn more than 10 million pesos will pay more. This is due to the fact that the total amount that a person can deduct was limited when making their income statement.
– In the case of dividendsthese will have rates that will go from 0% to 15% in the case of natural persons and 20% in the case of foreign entities and non-resident natural persons.
– Occasional earnings (inheritances, sale of real estate…) were taxed at 15%.
– Regarding the wealth tax, this will be progressive with marginal rates: 0.5% for those of more than 3,000 million pesos; 1% for those of more than 5,000 million pesos and 1.5% for those of more than 10,000 million pesos.
(The good, the bad and the ugly of the tax reform of the Petro government).
– Oil tankers and miners will have to pay a rental surtax that varies with the international price of the last 10 years. In the case of oil it would be progressive from 5%, 10% and 15%.
– Hydroelectric They were left with a temporary surcharge from 2023 to 2026 of 3 points, that is, 38%, while financial institutions will assume another that will reach 5 points, that is, 40%.
– They will have tax: mecato to precooked arepas, cereal bars, meatballs, table chocolate, Chocorramo, sausages, chocolate bars, chips, plantains, donuts or achiras. Even baby compotes. Also, soft drinks, malt-based drinks, tea-type, fruit-based in any concentration, soft drinks, fruit juices and nectars, energy drinks, sports drinks, soft drinks, flavored waters and powdered mixes.
– Single-use plastics, such as containers, packaging and packaging, which have an equivalent to 1.9 pesos per gram of plastic used will pay tax.
BRIEFCASE
