Global Trade Alert
Global Trade Alert

Colombia: Further exclusions of sales tax for certain imported products and commercial sectors (COVID-19)

Announcement

04 Jun 2020

On 04 June 2020, the Colombian authorities adopted Decree 789/2020 that establishes further temporary tax measures in response to the COVID-19 pandemic (see related state acts).

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

04 Jun 2020

Revocation date:

31 Dec 2020

Updated: 04 Jun 2020
Tax or social insurance relief

Article 4 of the Decree 789/2020 of 04 June 2020 also excludes the hotel and tourism sectors from the sales tax-VAT, which is currently set at 19%, until 31 December 2020. 

In this sense, M...

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Implementation date

04 Jun 2020

Revocation date:

31 Dec 2021

Updated: 04 Jun 2020
Internal taxation of imports

On 04 June 2020, the Colombian authorities adopted Decree 789/2020 that establishes temporary exemptions from the sales tax VAT to certain imported products and commercial sectors, with the objecti...

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