Colombia on Tuesday adopted a tax reform plan that was at the root of violent anti-governm...

Colombia adopts new version of tax law that sparked deadly unrest – Macau Business

Colombia on Tuesday adopted a tax reform plan that was at the root of violent anti-government protests that left more than 60 people dead this year, but was eventually reconfigured to be kinder to the middle class and the poor.President Ivan Duque signed the so-called “social investment law,” which has as its stated objective to combat poverty in a country hard hit by the coronavirus epidemic.The law “will benefit nearly 29 million Colombians in a vulnerable situation” out of a total population of some 50 million, he said on Twitter.The reform, approved by parliament last week, aims to collect more …

 

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