Colombia has published Law No. 2010 of 27 December 2019, which includes measures to replace the measures of the 2019 tax reform law (Law No. 1943) that were found unconstitutional, as well as other changes. Some of the main measures include the following:
- The standard corporate tax rate is reduced to:
- 32% in 2020;
- 31% for 2021;
- 30% for 2022;
- The corporate tax rate for financial institutions is reduced to:
- 36% for 2020, including 4% surtax;
- 34% for 2021, including 3% surtax;
- 33% for 2022, …