There is already a final text of the tax reform, after the approvals in the House of Representatives and the Senate and conciliation, and in the absence of a final approval In Congress, it is already known which foods will be taxed by 2023.
(See: Get your pocket ready: the new taxes that Colombians will pay).
And while bread, in any of its presentations, was excluded from the new tax that would generate a progressive tax of up to 25% by 2023, precooked arepas and other bakery products were not spared from that tax.
The foregoing because the latter are included in tariff item 19.05 (Decree 1881 of 2021) covered by the new tax: “Bakery, pastry or biscuit products, whether or not containing cocoa; wafers, empty stamps of the kind used for medicines, wafers for sealing, dry pastes of flour, starch or starch, in sheets, and similar products“.
(See: Tax: dividends, income and other keys to the final text).
To the precooked arepas, the mecato is added to the cereal bars, the meatballs, the table chocolate, the Chocoramo, the sausages, the chocolate bars, the chips, the plantains, the donuts or the achiras. Even baby compotes.
(See: Tax and Budget, Petro’s first achievements in his presidency).
Regarding sugary ultra-processed drinks, the tax will depend on the level of added sugar, which means that they will be taxed: lsoft drinks, malt-based drinks, tea-type, fruit-based in any concentration, soft drinks, fruit juices and nectars, energy drinks, sports drinks, sodas, flavored waters and powdered mixes.
(See: Tax: taxes that definitely fell from the reform).
BRIEFCASE