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Emerging Markets

Colombia’s New President Says the Wealth Tax Will Go — What That Means if You Live There

The Rio Times · 1h ago · 🇧🇷 Brazil

Colombia’s New President Says the Wealth Tax Will Go — What That Means if You Live There

Colombia · Taxes Key Facts The pledge. President Abelardo De La Espriella said in his inaugural address on 7 August that the wealth tax will be abolished: “we must stop punishing those who invest and generate wealth.” Not law. It is an announcement. Abolition requires a structural tax reform passed by Congress, and no bill […] The post Colombia’s New President Says the Wealth Tax Will Go — What That Means if You Live There appeared first on The Rio Times .

Read the full story at The Rio Times →

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