Medellin Advisors - Guide For Living & Investing in Medellin, Colombia

MEDELLIN ADVISORS

Reforma Tributaria Colombia 2022
Investment
David Mauricio Eliasson

How will Colombia’s Reforma Tributaria Affect us in 2023?

On January 1, 2023, Law #2277 of December 13, 2022, also known as “Gustavo Petro’s Tax Reform”, comes into force, being a fulfilled promise of his electoral campaign. With this, the Government expects to charge more taxes to the richest social classes and businessmen, in order to cover public spending and redistribute part of the Gross Domestic Product. This has caused some fear in the national and foreign population with interests in this country, so we will analyze in detail what are the most important changes that Colombia will have in 2023.

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