He National Government He settled at Congress the Tax Reform Project with which it seeks to guarantee fiscal sustainability and provide the necessary resources to execute the National Development Plan 2022–2026.
(Also read: After injured procedure, Minhacienda filed the Financing Law in Congress).
This proposal includes modifications to the tax system with efficiency measures in:
– Income Tax: Rates and companies are adjusted. In addition, the basis of those who must declare is extended, although there will be special benefits for small and medium enterprises that generate formal employment.
– VAT: The general rate is maintained, but some products that do not pay today could begin to do so, although with reduced rates.
– Heritage Tax: It will remain temporarily in force for people with great fortunes, with updated thresholds.
Tax Reform.
The government estimates that with this law may Increase with 1.5% of GDP at 2025. These resources will mainly be used for education, health, energy transition and social programs for vulnerable populations.
(Further: Tax proposes more taxes to the financial sector, fuels, among others).
There will also be tax incentives for renewable energy projects and stimuli to investment in science, technology and innovation.
Portfolio
