Colombia court upholds ruling allowing companies to deduct royalties from taxes – Carib Vibe Radio
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Colombia court upholds ruling allowing companies to deduct royalties from taxes

BOGOTA, (Reuters) – Colombia’s Constitutional Court denied yesterday proposals from the finance ministry to modify a ruling that struck down a ban on oil and mining companies deducting royalties from their taxes, in a move the leftist government has said will force an increase in the 2024 fiscal deficit.

The article Colombia court upholds ruling allowing companies to deduct royalties from taxes appeared first on Stabroek News.

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