Colombia’s Fiscal Contradiction: Oil Windfall Meets New Wealth Tax

2026-03-13 - 13:43

Key Points — Colombia’s financial plan budgets Brent at $59.20 while the barrel trades near $90, creating a windfall that critics say undermines the case for an $8 billion emergency wealth tax on 15,000 companies — The first payment of the new corporate wealth tax is due April 1, with rates of 0.5% for most