This is how the dollar price behaves on Monday, August 8, 2022

This is the first dollar rate after last Sunday, August 7, Gustavo Petro took office as President of Colombia.

Photo: EFE – Mauricio Dueñas Castaneda

The dollar in Colombia started the week slightly higher: the currency increased by about $10 and is trading near $4,320. The trading volume for the first hour of trading amounted to 71 million US dollars, through 170 transactions.

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This is the first dollar rate after last Sunday, August 7, Gustavo Petro took office as President of Colombia. A change in power generates great expectations due to the various reforms he has announced within his administration, including tax reform.

In fact, the government plans to introduce the tax reform on Monday in Congress. in conversation with viewer The new Finance Minister, Jose Antonio Ocampo, has made it clear that they initially expect to raise $25 billion. But this collection can gradually rise to 50 billion dollars, confirming the fight against tax evasion.

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Currently, it is common knowledge that those who earn more than $10 million per month will be subject to higher income tax fees. In addition, El Espectador learned the details of the new wealth tax, which will be gradually taxed.

This will be the wealth tax: Between $1,000 and $2,000 million, the rate will be 0.25%, $2,000 to $3,000 million, 0.50%, $3,000 to $4,000, will be Taxes at 0.75% and from $4,000 to $5,000 million you will pay 1%.

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