On 28 July 2006, the President sent a Bill to Congress to propose comprehensive changes to the Colombian tax system. If the Bill is approved by the Congress, it will become effective on 1 January 2007. In some respects, the Bill deviates from the original reform plan submitted to public consultation by the Executive Branch. For an earlier report, see TNS:2006-07-10:CO-1.
The codification system of the Colombian tax law (Estatuto Tributario) will be c…