Colombia congress rejects budget proposal containing online gambling VAT
Colombia’s Congress rejected the broader 2025 budget financing proposal on 11 December, derailing the government’s plan to apply a 19% VAT to online gambling platforms. The proposal sought to end the sector’s VAT exemption; the government had argued the tax would raise revenue, while critics warned it could push customers towards illegal platforms.
The rejection leaves online gambling’s existing VAT exemption in place while the government considers other revenue measures.