Tax Collection Struggles in Colombia: A Closer Look at the Economic Impact

Colombia’s tax agency, DIAN, collected 28.2 trillion pesos (US$5.64 billion) in September. This amount was 900 billion pesos more than the same month last year. Despite this 3.2% increase, inflation ate away the gains. The tax collection for the year so far remains weak. From January to September, DIAN collected 206 trillion pesos (US$41.2 billion). […]

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