ANNOUNCEMENT 09 May 2011In May 2011, the government of Colombia announced a change in export taxation.
NUMBER OF INTERVENTIONS
Official Gazette N?48065. Decree 1505. Available from http://www.imprenta.gov.co
On 9 May 2011, the government of Colombia introduced an export tax on hydrocarbon and mining products.
Under the new regulation, exporters have to transfer the equivalent of 1 percent of the gross revenue exports to the government.