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5.1

Colombia proposes VAT hike on coffee from 5% to 19% by 2028

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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El Espectador1 day agoCOCredibility 22%View source

Score Breakdown

Mosaic Score5.1
Model confidence0.7
Significance0.5
Source credibility0.2

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