The Republic of Colombia parliament discussed the 2026 General Budget (PGN) and Gustavopetro’s proposal for government tax reform on Tuesday, September 23rd.
The Chamber of Commerce and the Senate Economic Committee in the joint session will urgently discuss and vote for the imminent definition of a financial framework that directly affects citizens’ pockets, including the national economy and Bitcoin (BTC) and cryptocurrency.
This legislative movement generates strong criticism and alerts. Tax reforms seeking to raise Colombia’s P26.3 billion have sparked strong criticism, compromised tax sustainability and warned them of the possibility of impacting various sectors.
Analysts and lawmakers warn of the impact of Changing state income structure in the context of economic uncertaintyemphasises the need for technical and responsible discussion.
On the afternoon of September 23, 2025, the National Capitol Elliptical Hall of Fame will hold joint sessions of the third and fourth economic committees. There, the presence of the Minister of Finance, Germán Avila, the position of the PGN project and tax reform will be faced.
Senator Enrique Cabral of the Fourth Committee accused the government of “trying to approve the decree’s budget,” and warned about articles that create “hidden debts” as Article 8, which extends the debt without touching the debt roof.
Furthermore, the university analysis of Antioquia School of Engineering (EIA) dated September 19, 2025 was Tax reforms will cause financial burdens for businesses Colombians reach 70.5%, putting that in the highest position as the Organization for Economic Cooperation and Development (OECD).
Tax reforms must extend its scope to digital assets, propose VAT for Cryptoactive transfers, establishing that exchanges should report operations that exceed 1,400 tax units (UVT). This means that all operations for users over 60 million pesos ($1,500) must be reported in the taxable year.
Furthermore, reforms suggest that 15% sanctions on previously undeclared bitcoin and cryptocurrency amounts A 30% rate on contingent profits on assets that Colombians have maintained for more than four years.
As reported by Cryptonotics at the beginning of the month, Chamber of Commerce president Edna Tamara defends reforms as a key “financing law” for the deficit, but former director of Lisandro Junco’s former Director of Tax and Customs (Dian) recreates his conflict with Low and Medium Strata.
Meanwhile, Senator Angélica Lozano said he had detected a “pearl” in tax reform. Among the most controversial points, the VAT charge on horizontal property management fees significantly increases the cost of living in housing complexes.
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