World
2022.11.29 03:25 GMT+8

Understanding Colombia's tax reform bill

Updated 2022.11.29 03:25 GMT+8
Michelle Begue

Colombia has approved a massive tax reform bill to boost revenue so that it can fulfill the new president’s ambitious social agenda. The new law has three ways to increase revenue: through higher taxes for Colombia’s wealthier population, duties on single use plastics, sugary drinks and ultra-processed foods and increased duties on oil and coal.  CGTN's Michelle Begue has details from Bogota.

For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.

Copyright © 

RELATED STORIES