Colombia VAT hike on hybrids/EVs threatens 19 brands' sales
Published 10 h ago1 sourceEvidence: Reported
Colombia's government has proposed raising the VAT on coffee from 5% to 19% as part of an economic rescue law, effective 2028. The move is a significant tax policy shift for a key domestic product, likely to face political and industry opposition. The outcome is uncertain as it requires legislative approval.
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