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The report reviews over 40 variables in 5 tax categories; Colombia's weak corporate and property taxes make it the toughest OECD tax climate.

Colombia and the US formalized an interpretative note on their FTA, clarifying aspects of the investment chapter during a bilateral meeting.

"We are ready to work collaboratively with policy makers for a brighter, more sustainable future for all 50 million Colombians with responsible and sustainable tourism as our core values."

Companies in Colombia will soon have to confront a new tax, the Minimum Income Tax (TTD), that requires them to pay 15% of profits regardless of size.

Many Colombians who — even after working tirelessly day after day — do not know what it is like to enjoy a pension, salary, paid vacation, or being eligible for a loan.

ILC was a company that back in 2019 had 34% market share in the rum category. In just two years that grew to 66% of Colombia's rum market.

The D1 chain shares some similarity to the Aldi chain, popular in Europe and North America, albeit with a smaller store footprint.

Ocampo has been charged in the first instance with the completion of both a complex tax reform and a development plan by the end of the year.

Garzón’s own background spans 25 years of experience in forensic engineering, construction vulnerabilities, and pre-loss and post-loss consulting.

"what really made Colombia stand out was the focus on building the technology capabilities, especially in Medellin."