Next Friday in the program Yamid asks, led by journalist Yamid Amat, the president of the republic, Iván Duque, spoke about some current issues in the country, including the new tax reform.
(We recommend: 2 million peso income, to pay rent?)
The head of state was referring to points of this reform that, as he announced, will be settled in Congress late next week.
For example, he said he supports the proposal to tax the so-called ‘megapensions’, which, he said, is more than seven million pesos.
(Important: ‘Tax system urgently needs reform’)
He also explained that retirees who receive more than 10 million benefits should contribute to the protection program for the most vulnerable, but he stressed that “pensions less than three times the minimum wage should not be taxed”
Duque was referring to the recommendations of the Expert Committee on Tax Benefits, which this week analyzed and diagnosed the national tax system.
(In context: the expert recipe for VAT, 4 x 1,000, income and other taxes)
For the first president, at this point it is not convenient to abolish the 4 × 1,000 tax on financial transactionsas suggested by the Commission, which pointed out that it is an anti-technical charge.
Duque said there were no conditions for doing this. However, he invited Congress to discuss the possibility of gradually dismantling it in the future.
On the other hand, he assured that “no VAT will be charged on the basic family with food and services”, although he clarified that Yes, this tax is levied on products that only “elites” consume
For example, he repeated the announcement he had already made in dialogue with EL TIEMPO journalists about clear instructions to his team not to include staple foods such as meat, chicken, eggs and milk.
(Also: the products that, according to experts, have to pay VAT and that don’t)
With this new reform the national government expects to collect about 1.5% of GDP to compensate for the budget deficit and costs arising from pandemic care.
One of the most talked about proposals and which has sparked controversy is the possibility of paying personal income tax from an income of 2 million pesos per month. In fact, a government source told this newspaper a fee of 2 percent is charged for new files, which means they would pay 120,000 pesos in income tax per year.
However, in last Friday’s interview, the head of state did not specify the amount of which the tax would be levied, he limited himself to explaining that The idea is that the people with the most income will continue to pay and those who do not pay now are in solidarity with the most vulnerable.
(Also read: Duque defends Santos and Uribe in case of false positives)
Duque also called for the tax reform that his government will implement to be called “the agenda for sustainable social transformation.”
In this regard, he also explained that that includes agenda maintaining the salary subsidy for the rest of the year and that both the solidarity income and the VAT refund are permanent and with higher amounts
It should be remembered that these three measures were put in place in the context of the health emergency to help those most affected by the pandemic.
Right on the pandemic, the president confirmed that more than a million doses of the vaccine will arrive in the country next Saturday. On the one hand, the first batch of 245 thousand doses of AstraZeneca, via the COVAX mechanism. And on the other hand 774,320 doses of Sinovac.
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ELTIEMPO.COM