- Colombia’s Ministry of Finance presented a tax reform bill to Congress on 10 September 2024
- The reform proposes shifting the current VAT exemption for renewable energy production to a zero-rating
- This change will allow for input tax credits
- The reform aims to modernize Colombia’s tax structure and increase revenue generation
- It also aims to address key economic sectors in the country.
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
