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New liquidation of the Gambling Taxes in Colombia, it doesn’t contribute much

Published date: 2019-11-14
New liquidation of the Gambling Taxes in Colombia

In his last speech of November 8 in his accountability, the Minister of Finance Carrasquilla, highlighted the importance of the application of the PND in the Gambling industry. At the same time, he emphasized the worrying increase in unemployment and the contribution that localized games (casinos) make to the economy.

 


For all of us who are part of the Industry, these three indicators are not alien to us since we have been pressing since June the immediate application of the relief granted by law; We know of unemployment because there have been a lot of cuts in either the closing budget of establishments or layoffs that we have had to make in order to survive. We are very aware of the immense contribution we make to the economy because exploitation rights have been on the rise and it is precisely the PND that seeks to reduce the heavy burden on the sector.

The document that the Ministry of Finance has prepared with the formula (which does not convince me at all) to settle the new payments is already known, though, they continue with the need for RELIABILITY which is clearly illegal and unenforceable.

 


As Juan B. explained what they intend is to “expand the base, so that those who operate illegally are legalized”, very good intentions but not very effective will be for current operators, that's why the collections have begun to show symptoms of deceleration, that as they have already published it will cut the budget of Coljuegos that is already around 60%, each one receives what they deserve, and this will have less money to combat illegality and thus the vicious circle. All for not listening and allowing the ego to speak.

 

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