Ambitious fiscal reform faces obstacles in Colombia

The government hopes to introduce a fiscal reform plan, but has met fierce resistance

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In this article

  • The proposal
  • Tax base expansion
  • Higher rates on income tax
  • No more VAT deductions
  • Increased wealth and capital gains taxes
  • Pensions and utilities
  • Green taxes
  • Permanent basic income
  • Employment and university fee subsidies
  • Devolution of VAT
  • The political scenario
  • All eyes on elections
  • Squaring the circle

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.