Petro seeks alternative route to retain Colombia’s 19% online gambling VAT
Colombia’s President Gustavo Petro has instructed Finance Minister Germán Ávila to redraft a tax plan after the Constitutional Court provisionally suspended an emergency decree that included a 19% VAT on online gambling. The government’s proposal to apply the tax to gross gaming revenue now awaits the Court’s substantive review.
The Court’s review will determine whether the proposed 19% online gambling VAT can proceed under the suspended decree.