{"id":1034,"date":"2016-04-05T22:15:55","date_gmt":"2016-04-05T22:15:55","guid":{"rendered":"http:\/\/www.espinosaasociados.com\/en\/?p=1034"},"modified":"2018-02-02T21:19:49","modified_gmt":"2018-02-02T21:19:49","slug":"los-ajustes-que-propone-la-comision-tributaria","status":"publish","type":"post","link":"https:\/\/www.espinosaasociados.com\/en\/los-ajustes-que-propone-la-comision-tributaria\/","title":{"rendered":"ADJUSTMENTS PROPOSED TAX COMMISSION"},"content":{"rendered":"<p><span id = \"result_box\" class = \"\" lang = \"en\"> <span title = \"The final report of the Commission of Experts for Equity and Tax Competitiveness, in more than 200 pages, makes a diagnosis about the tax system current and the adjustments you need. \"> The final report of the Committee of Experts for Tax Equity and Competitiveness in more than 200 pages makes a diagnosis of the current tax system and the settings you need. <\/ span> <span title = \"Taking into account that the charges are poorly distributed and that the structure is complex, one of the main approaches is to simplify taxes for individuals and companies, eliminating recently created encumbrances such as Cree, Iman, Imas , and wealth, but leaving a single tax \"> Given that the charges are poorly distributed and that the structure is complex, one of the main proposals is to simplify taxes for individuals and businesses, eliminating taxes recently created as Cree, Iman, Imas, and wealth, but leaving a single tax <\/ span> <span title = \"income and expanding the base.\"> income and expanding the base. <\/ span> <\/ span><\/p>\n<p><span title = \"In the meantime, it proposes a general VAT increase of 16 to 19 percent and reduce the list of goods excluded from this tax.\"> Meanwhile, General proposes an increase of VAT from 16 to 19 percent and reduce the list of goods excluded from this tax. <\/ span> <span title = \"It also includes putting non-profit entities to pay and raising taxes on cigarettes, liquors and gasoline.\"> It also includes putting pay to non-profit entities and raising taxes on cigarettes , liquor and gasoline. <\/ span><\/p>\n<p><span title = \"GOODBYE TO THE BELIEVE, RENT AND WEALTH: COMPANIES WOULD PAY A SINGLE TAX\"> FAREWELL TO CREATE, income and wealth: companies would pay to single tax <\/ span><\/p>\n<p><span title = \"The diagnosis for companies is not very encouraging: there is a great inequality in the treatment between sectors and companies, few pay and the weight is greater for those who do not have free zone benefits, legal stability contracts or important exemptions. \"> Diagnosis for companies is not encouraging: there is a great disparity in treatment between sectors and companies, few paid and the weight is greater for those who do not have benefits of free zones, legal stability contracts or significant exemptions. <\/ span><\/p>\n<p><span title = \"Given the loss of competitiveness that companies have had due to this situation, the Commission notes that taxation of companies should be simpler and eliminate disincentives to investment and growth.\"> Faced with the loss of That companies have had this situation, the Commission notes that taxation companies should be simpler and removing disincentives to investment and growth. <\/ span><\/p>\n<p><span title = \"In that sense, it proposes to eliminate the Cree and its surtax, the income and supplementary tax and the patrimony (wealth) and create a single tribute.\"> In that sense, is to eliminate Cree and surtax, income tax and complementary and heritage (wealth) and create a single tax. <\/ span> <span title = \"This would be the Business Profit Tax (SUI), which would be a single tariff of between 30 and 35 percent, depending on the government's analysis of the issue.\"> This would be The Business Profits Tax (IUE), which would be a flat rate of between 30 and 35 percent, depending on the analysis made by the Government on the issue. <\/ span><\/p>\n<p><span title = \"This tax would be based on the accounting profits that are calculated using the International Financial Reporting Standards (Niif), which are already in the process of being adopted by Colombian firms.\"> That tax would be based on accounting Profits are calculated using International Financial Reporting Standards (IFRS), which are already in the process of adoption by Colombian firms. <\/ span> <span title = \"The idea is to facilitate the procedures to companies and give more certainty to employers, allows a uniform treatment and also stops the use of exemptions, deductions and other mechanisms related to the generation of profits . \"> The idea is to provide procedures for businesses and give more certainty to entrepreneurs, it allows for uniform treatment and also restrains the use of exemptions, deductions and other related revenue generation mechanisms. <\/ Span><\/p>\n<p><span title = \"Here, the Commission recommends that only taxes paid abroad, 20% of the value of research, development and innovation expenses and 30% of donations to non-profit companies can be discounted.\" > Here, the Commission recommends that only deductable taxes paid abroad, 20% of the value of investment in research, development and innovation and 30% of donations to non-profit companies. <\/ Span><\/p>\n<p><span title = \"Another approach is to raise the tax on presumptive income from 3 to 4 percent, and tax occasional profits as ordinary income.\"> Another approach is to raise the<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The final report of the Committee of Experts for Tax Equity and Competitiveness in more than 200 pages makes a diagnosis of the current tax system and the settings you need. Given that the charges are poorly distributed and that the structure is complex, one of the main proposals is to simplify taxes for individuals [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":793,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[44],"tags":[],"class_list":["post-1034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.espinosaasociados.com\/en\/wp-json\/wp\/v2\/posts\/1034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.espinosaasociados.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.espinosaasociados.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.espinosaasociados.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.espinosaasociados.com\/en\/wp-json\/wp\/v2\/comments?post=1034"}],"version-history":[{"count":5,"href":"https:\/\/www.espinosaasociados.com\/en\/wp-json\/wp\/v2\/posts\/1034\/revisions"}],"predecessor-version":[{"id":1069,"href":"https:\/\/www.espinosaasociados.com\/en\/wp-json\/wp\/v2\/posts\/1034\/revisions\/1069"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.espinosaasociados.com\/en\/wp-json\/wp\/v2\/media\/793"}],"wp:attachment":[{"href":"https:\/\/www.espinosaasociados.com\/en\/wp-json\/wp\/v2\/media?parent=1034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.espinosaasociados.com\/en\/wp-json\/wp\/v2\/categories?post=1034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.espinosaasociados.com\/en\/wp-json\/wp\/v2\/tags?post=1034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}