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Colombia announces three days without VAT to reactivate the economy affected by the pandemic

Colombian President Iván Duque announced three new VAT-free days for June and July on Monday to reactivate the economy and consumption affected by the social and health crises caused by the COVID-19 pandemic.

“It is the official birth of the three days without VAT,” announced Duque, whose government has set the dates on which the country’s citizens can shop cheaper for June 19, July 3, and July 19.

“It is intended that we acquire these assets electronically or in person, obviously with the relevant biosafety protocols if the process can already be done physically,” said the president during his usual intervention in the situation. the pandemic in Colombia.

Colombia announces three days without VAT to reactivate the economy affected by the pandemic
Colombia announces three days without VAT to reactivate the economy affected by the pandemic

The measure encompasses products of up to 2.8 million Colombian pesos (a € 670) and applies to textiles, household appliances, sports equipment, computer and telephone equipment, supplies, agricultural supplies and small means of transport such as bicycles, including electrical ones.

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