Petitions for Unconstitutionality of the Wealth Tax

Tax attorney Juan Camilo Riveira published an article in Lexir about the unconstitutionality claims against the wealth tax in Colombia. Mr. Riveira addresses two ongoing cases before the Constitutional Court that question the equity and legality of this tax. He also highlights that a favorable ruling for the plaintiffs could significantly reduce the national government's collection, which would require new tax mechanisms to compensate for the loss. This would benefit high-net-worth taxpayers and ease the tax burden for those seeking economic opportunities outside of Colombia.

READ: Petitions for Unconstitutionality of the Wealth Tax