The Republic of Colombia parliament mentioned the 2026 Basic Finances (PGN) and Gustavopetro’s proposal for presidency tax reform on Tuesday, September twenty third.
The Chamber of Commerce and the Senate Financial Committee within the joint session will urgently focus on and vote for the upcoming definition of a monetary framework that immediately impacts residents’ pockets, together with the nationwide economic system and Bitcoin (BTC) and cryptocurrency.
This legislative motion generates sturdy criticism and alerts. Tax reforms in search of to lift Colombia’s P26.3 billion have sparked sturdy criticism, compromised tax sustainability and warned them of the potential of impacting numerous sectors.
Analysts and lawmakers warn of the impression of Altering state earnings construction within the context of financial uncertaintyemphasises the necessity for technical and accountable dialogue.
On the afternoon of September 23, 2025, the Nationwide Capitol Elliptical Corridor of Fame will maintain joint classes of the third and fourth financial committees. There, the presence of the Minister of Finance, Germán Avila, the place of the PGN venture and tax reform can be confronted.
Senator Enrique Cabral of the Fourth Committee accused the federal government of “attempting to approve the decree’s finances,” and warned about articles that create “hidden money owed” as Article 8, which extends the debt with out touching the debt roof.
Moreover, the college evaluation of Antioquia College of Engineering (EIA) dated September 19, 2025 was Tax reforms will trigger monetary burdens for companies Colombians attain 70.5%, placing that within the highest place because the Group for Financial Cooperation and Growth (OECD).
Tax reforms should prolong its scope to digital belongings, suggest VAT for Cryptoactive transfers, establishing that exchanges ought to report operations that exceed 1,400 tax models (UVT). Which means that all operations for customers over 60 million pesos ($1,500) should be reported within the taxable yr.
Moreover, reforms recommend that 15% sanctions on beforehand undeclared bitcoin and cryptocurrency quantities A 30% fee on contingent income on belongings that Colombians have maintained for greater than 4 years.
As reported by Cryptonotics at the start of the month, Chamber of Commerce president Edna Tamara defends reforms as a key “financing legislation” for the deficit, however former director of Lisandro Junco’s former Director of Tax and Customs (Dian) recreates his battle with Low and Medium Strata.
In the meantime, Senator Angélica Lozano stated he had detected a “pearl” in tax reform. Among the many most controversial factors, the VAT cost on horizontal property administration charges considerably will increase the price of residing in housing complexes.
