Colombia Collects Emergency Wealth Tax While Courts Decide If It’s Legal
Key Points — Over 15,000 Colombian companies begin paying an emergency wealth tax today, with the government expecting 4 trillion pesos ($935 million) in the first installment and another 4 trillion on May 4 — The oil and mining sector faces a 1.6% rate — more than three times the 0.5% applied to other industries […] The post Colombia Collects Emergency Wealth Tax While Courts Decide If It’s Legal appeared first on The Rio Times.
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Key Points — Over 15,000 Colombian companies begin paying an emergency wealth tax today, with the government expecting 4 trillion pesos ($935 million) in the first installment and another 4 trillion on May 4 — The oil and mining sector faces a 1.6% rate — more than three times the 0.5% applied to other industries […]
The post Colombia Collects Emergency Wealth Tax While Courts Decide If It’s Legal appeared first on The Rio Times.
