A joint committee of the Colombian House (Chamber) of Representatives and the Senate have reportedly completed a review of tax reform legislation first submitted in August 2022 (previous coverage), with the legislation to be put to a vote or further debate and amendments on 6 October 2022. Some of the additional or revised measures of the tax reform legislation include:
- An increase in the long-term capital gains rate from 10% to 15%;
- A domestic minimum alternative tax with an effective rate…