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Colombia: New tourism law includes a series of tax benefits for the sector

Description

On 31 December 2020, the Colombian authorities published Law 2068/2020 that establishes a new framework to promote the tourism sector. Title VII of the Law includes tax benefits to promote the sector....

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Intervention Details

Intervention Type

Tax or social insurance relief

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Dec 2020

Revocation date

31 Dec 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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