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Congressmen looking for US$5B windfall that does not exist

Monday, February 25th, 2013 Category: Regulations & Policy

Caracol Radio reported that a group of congressmen led by Maritza Martinez, Jorge Enrique Robledo, Alexander Lopez and German Navas, presented to the State Council an action to nullify a concept of the Dian (Colombia’s tax authority). This concept allows oil and mining companies to deduct royalties from taxes payment.

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