The VAT refund may be credited to the international credit card issued outside the country and indicated on the return request, or alternatively in cash.
All three agencies said publicly many months ago that they were looking for the tax reform to right the fiscal ship which has been listing badly ever since COVID struck - to put it bluntly, the authorities have failed to deliver - and it is on them.
Against the backdrop of the images we have seen, it appears almost churlish to discuss Colombia's investment grade credit rating, however its removal would have more effect on those protesting than most of them could imagine.
Ahead of the expected presentation of the tax reform to Congress next week, the 'commission of experts' have spoken with their views as to what needs to happen.
After the first COVID-19 tax holiday was condemned as irresponsible, the Colombian government is restricting electronics & appliance sales during the next two tax holidays taking place in July where shoppers will be exempt from the country's 19% VAT tax.