Colombia’s Fiscal Contradiction: Oil Windfall Meets New Wealth Tax
Key Points — Colombia’s financial plan budgets Brent at $59.20 while the barrel trades near $90, creating a windfall that critics say undermines the case for an $8 billion emergency wealth tax on 15,000 companies — The first payment of the new corporate wealth tax is due April 1, with rates of 0.5% for most […] The post Colombia’s Fiscal Contradiction: Oil Windfall Meets New Wealth Tax appeared first on The Rio Times.
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Key Points — Colombia’s financial plan budgets Brent at $59.20 while the barrel trades near $90, creating a windfall that critics say undermines the case for an $8 billion emergency wealth tax on 15,000 companies — The first payment of the new corporate wealth tax is due April 1, with rates of 0.5% for most […]
The post Colombia’s Fiscal Contradiction: Oil Windfall Meets New Wealth Tax appeared first on The Rio Times.
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