The finance ministry says the bill will not affect most taxpayers, after a proposed increase in April drew protests.
Colombia’s government formally presented a $3.95bn tax reform bill to Congress on Tuesday, as unions and student groups sought to revive the street protests that helped scupper the reform’s original iteration.
The law would raise significantly less than the $6.3bn package that was sought by the government in an April proposal that was later withdrawn amid mass demonstrations and lawmaker opposition.The government of President Ivan Duque insists the measure is vital at a time of rising debt and an expanding fiscal deficit […]
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