Colombia: Introduced Tax Reform including Digital Services Tax
Description
Introduced Tax Reform including Digital Services Tax
A tax reform bill (Ley de Solidaridad Sostenible), which includes a tax of 20% on digital advertisements from abroad and the removal of the VAT exception for cloud services, is introduced to the Colombian parliament.
Scope
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
infrastructure provider: internet and telecom services, online advertising provider
Implementation Level
national
Government Branch
legislature
Government Body
parliament
Complete timeline of this policy change
Hide details
2021-04-15
under deliberation
2022-11-03
adopted
2022-12-13
adopted
Key regulatory dimensions
Regulated subjects
The businesses, government agencies or individuals affected by this policy or regulatory change.
producer / supplier
1
Type
Private organisation
Economic activity
online advertising provider,infrastructure provider: internet and telecom services
Category
All
Policy change by business practice
The detailed activities within the scope of this policy or regulatory change.
advertisement (any targeting): hosting: display
Regulatory tool
Subordination under digital service tax
Subordination under sales, use or value-added tax
Sanctions
Regulated subjects
1
own content: any format: sale
Regulatory tool
Subordination under digital service tax
Subordination under sales, use or value-added tax
Sanctions
Regulated subjects
1