The Colombian government has reinstated a tax on online gambling deposits as part of broader emergency measures addressing severe flooding in eight provinces. Under Decree 0240, the measure imposes a 16% consumption tax on wagers made through digital platforms, both from domestic and international operators providing services locally. The move is intended to contribute an additional COP8.6 trillion ($2.3 billion) to the 2026 national budget and provide emergency funding for affected communities. Details of the Tax and Related Measures The emergency […]
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