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Colombia's Constitutional Court voids 19% online gambling VAT

Regulation

Colombia's Constitutional Court struck down the emergency decree that introduced a 19% VAT on gross online gambling revenue, according to the report. The ruling requires indirect taxes paid under the decree to be returned to those who prove payment, and gives the tax authority 30 days to set the refund process. President Gustavo Petro said the taxes had not been collected, disputing the scope of refunds.

Online operators and other taxpayers may seek refunds for indirect taxes paid under the invalidated decree.

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