Colombia is due to increase its value-added tax (VAT) rate from 16 percent to 19 percent. The measure was included in a tax reform bill that was recently approved by Congress. The increased rate would come into effect from 2017. Currently VAT rate is 16% of the price of merchandise, goods and services excluding public transportation, water supply and sanitation and the transportation of natural gas and hydrocarbons.
Belgium approves DTA with Russia
Related Posts

Colombia introduces temporary tax incentives for earthquake-hit areas
Colombia’s Ministry of Finance and Public Credit and the President issued Decreto No. 1413 of 17 September 2026,
Read More
Colombia revises dividend reinvestment rule for Spanish residents
Colombia’s tax authority (DIAN) has revised its interpretation of the dividend withholding tax rules under the 2005
Read More
Colombia extends suspension of tax, customs terms in Pereira until October
Colombia’s National Directorate of Taxes and Customs (DIAN) has extended the suspension of legal and administrative
Read More
Colombia: Congress passes 2027 budget amid worsening public finances
Colombia’s Congress approved the government’s 2027 spending budget on 14 September 2026, setting expenditure at COP
Read More
Colombia extends suspension of tax, customs, foreign exchange deadlines in earthquake‑hit regions
The Colombian Tax and Customs Administration Dirección Nacional de Impuestos y Aduanas (DIAN) issued a Resolution No.
Read More
Colombia introduces tax measures to support music sector
Colombia has introduced a legal framework to recognise, promote and strengthen its music sector, including tax measures
Read More