Bogota Council Approves Galán Tax Reform
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Councilman Julián Uscátegui questioned Bogotá's tax reform and noted increases in property and ICA for households, businesses and businesses.
The plenary of the Council of Bogotá approved on Monday, September 28, in second debate, the tax reform presented by Mayor Carlos Fernando Galán. The project now passes to sanction and contemplates new charges, changes in the ICA, reliefs for late payments and incentives for investment and employment.
From next year will begin to govern the surcharge to the predial to finance the system of Intelligent Public Lighting
Secretary of Finance, Ana María Cadena. Photo: Mayor of Bogotá. The Council of Bogotá approved in second and last debate before the plenary the tax reform of Mayor Carlos Fernando Galán, “Intelligent City”. “Bogotá prepares for the future, attracts private investment and generates jobs in the next 10 years. In addition, it allows taxpayers to catch up with Bogotá and reorganizes the taxes of the Industry and Trade Tax (ICA),” noted the Secretary…
The bill now passes to the president’s sanction. Several measures, such as the new charge for public lighting, begin to apply on January 1, 2027.
The tax reform in Bogotá was approved by the Council. Learn about the changes in ICA, the contribution to public lighting and the reliefs for debtors.
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