Tuesday, May 21, 2024

Logo Central America Link

Colombia vows to combat evasion from tax havens

Wednesday, November 28, 2012

Colombia's finance minister said the country's new tax reform restricts Colombians' access to offshore tax havens.

According to Finance Minister Mauricio Cardenas, the current administration is studying ways to "stop once and for all" the problem of offshore accounting.

A bill currently before Congress seeks to "regulate corporate operations, entities or companies located in tax havens."

Source: Colombia Reports