TheGamblest
The Colombian Federation of Gambling Entrepreneurs (Fecoljuegos) has strongly criticized the government’s decision to impose a 19% value-added tax (VAT) on betting, warning that the move could drive operators out of the market. The Colombian government has issued Decree No. 0175, temporarily removing the VAT exemption for online gambling operators under Article 420 of the [……
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Colombian gambling sector at risk due to new 19% VAT
The Colombian Federation of Gambling Entrepreneurs (Fecoljuegos) has strongly criticized the government’s decision to impose a 19% value-added tax (VAT) on betting, warning that the move could drive operators out of the market. The Colombian government has issued Decree No. 0175, temporarily removing the VAT exemption for online gambling operators under Article 420 of the