Tuesday, November 29, 2016

The Colombian government at a crossroad with the tax reform

The project that increases taxes on ICT was rejected by the sector. But the initiative is being debated in parliament at the same time as the new agreement with the FARC. And, in the face of the 2018 presidential elections, even lawmakers hesitate to approve unpopular measures such as the VAT increase.

The finance minister, Mauricio Cárdenas, in early November presented the project of the structural tax reform, with which the government of President Juan Manuel Santos argues that it seeks simplicity and equity to the tax system. The initiative was filed with the Secretary General of the House of Representatives as a matter of urgency, in order for Congress to approve the law before the end of the year. The government's argument to defend the urgent nature of the project is that if the reform is not done, the tax revenue will go from 15% of the Gross Domestic Product (GDP) in 2016 to 14.9% next year, thus continuing a slowdown that would reach 13.5% of GDP in 2022. Economic forecasts drive the need for the reform. Several analysts agree that the performance of GDP next year will be better than 2016 but that growth would not be as good as meeting the 3.5% target set by the Ministry of Finance. The market expects, on average, a 2.6% growth for 2017. The controversial point of the reform is the VAT increase from 16% to 19% progressively over the next three years. In addition, higher taxes are expected on income, fuels, and cigarettes. In addition, penalties are hardened to evaders, including jail.

Read full article

MORE ANALYSIS

México · Operators13/04/2026

What business model will Oxio implement in Mexico

The company will manage the 21 million customers it acquired from Telefónica, for which it will implement its TaaS platform. But it could also pursue a wholesale offering for other MVNOs to operate on AT&T's network.

Globales · Satellites15/04/2026

Globalstar acquisition does not narrow the gap between Amazon LEO and Starlink

Amazon’s LEO constellation only has 243 satellites in orbit, compared with more than 10,000 from Starlink. Globalstar will add 24 more specifically designed for direct-to-device (D2D) services. The case of Apple and AST SpaceMobile.

Argentina · Mobile · Operators14/04/2026

5G site deployment in Argentina grew 22% in six months, but standalone 5G remains distant

Two years after the spectrum auction, 8% of accesses are now on 5G. Personal has already activated its 5G Standalone (SA) core, but monetization has yet to materialize. Operators say use cases for 5G SA are still not mature.

Perú · Politics10/04/2026

Peru 2026 presidential election: a fractured political system

The first round will take place next Sunday the 12th, with 35 candidates taking part —a record. The leading candidate in terms of vote share is Keiko Fujimori, with just 14.5%. A runoff, considered almost certain, will be held on June 7.

Globales · Mobile · Software and Applications09/04/2026

6G: Mobile networks as the connective fabric of physical AI

At the recent MWC in Barcelona, the telco sector framed 6G as a structural transformation that will position mobile networks as the backbone of physical AI, on the path toward direct integration between algorithms, physical assets and other autonomous systems.

List all analysis

A DIARIO LATINO 16-04-2026

Costa Rica · Satellites · Operators 15/04/2026

Starlink joins ICE and Liberty to expand connectivity

Globales · Satellites · Data Center 15/04/2026

Orbital to test its space data center in April 2027

List all news