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Each week we search for and select the most relevant news to share with you in this newsletter.

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By: Gabriela Pinto
Lawyer - Commercial and Corporate Law

 
 
 
 

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The Tax Reform Law was approved

The President of the Republic sanctioned Law 2277 of 2022, whereby a tax reform for equality and social justice is adopted and other provisions are enacted, whose main purpose is to support social spending for the achievement of equality and social justice and to allow fiscal adjustment.

The text of the law contains 96 articles regulating income tax and complementary taxes, wealth tax, unified tax under the simple taxation regime, environmental taxes, healthy taxes, mechanisms to fight tax evasion and avoidance and other provisions.

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European Union prepares regulation to ban imports of products that contribute to deforestation

The European Parliament, through a press release, informed a preliminary agreement on the content of a new law through which it intends to prohibit the importation of products that cause deforestation, such as cocoa, palm oil, coffee, beef, timber, rubber and soybeans.

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