Colombia · Taxes
Key Facts
The pledge. President Abelardo De La Espriella said in his inaugural address on 7 August that the wealth tax will be abolished: “we must stop punishing those who invest and generate wealth.”
Not law. It is an announcement. Abolition requires a structural tax reform passed by Congress, and no bill has been filed.
Also announced. A decree freezing public spending, the recovery of Ecopetrol as a priority, and the re-authorisation of fracking.















