Growth of tributary pressure and two new taxes are contemplated for 2015

The 2015 budgetary assignments contemplates a growth in the tributary burden and the creation of two new regulatory fees.

With regards to the tax burden, the Internal Revenue Service (SRI for its Spanish acronym) indicates that a growth of 13.8% to 13.9 will be presented; plus there will be an increase in the amount of revenue of 6.9% compared to this year.

As to the creation of new taxes, the government is only looking at reforms to subnational capital gain tax and ICE to junk food.