00:00Bogotá is waiting to find out if a new tax reform will end up affecting them.
00:04This will put a strain on the pockets of its residents. The second attempt at tax reform for Bogotá seems to be this one.
00:10once there is a political solution in the Council. On Wednesday, August 26, the Secretary of Finance,
00:15Ana María Cadena presented the tax reform bill, which was filed three weeks ago.
00:20And with that, he slammed the door on 13 council members and associations like Fenalco and Cotelco.
00:26who had requested the text be withdrawn. This second attempt by the district proposes surcharges on the
00:31citizens through property tax and merchants through the ICA tax,
00:36with the aim of bringing public lighting to 100% LED technology capable of detecting in time
00:43floods and fires, having connected security cameras and making better use of your
00:48infrastructure. The viability of this reform, unlike last year, surpassed its first hurdle.
00:53test, after impediments and recusals that were presented until the last moment.
00:59At the end of the presentation, Juan Manuel Díaz, from the new liberalism movement, one of the three speakers,
01:04He submitted his positive report with modifications, ICA tax benefits for the bar sector
01:09and restaurants, and added new contributors to the fire service surcharge. Meanwhile,
01:14The speakers were Armando Gutiérrez, from the Liberal Party, and Julián Triana, from the Green Alliance,
01:19They have not yet taken a stance on the initiative. Both are in talks with
01:24the district to achieve a common point, which those households in hidden poverty
01:29Those in socioeconomic levels 4, 5, and 6 are exempt from the surcharge on property tax. For this project to be
01:35To become a city agreement, it must undergo two debates. The first in this case will be the
01:40Finance Committee and would be scheduled for next week, and the second will take place in the
01:45Corporation Plenary. These procedures must be completed before September 10.
01:50The political forces are measured and the Council on this occasion opened the doors to discussion.
01:56Do you believe these changes and incentives will truly benefit citizens, or do you think
02:01Will this represent a financial burden for your wallet? Let us know in the comments.
02:15Thank you.
02:16Thank you.
02:17Thank you.
02:18Thank you.
02:18Thank you.
02:18Thank you.
02:19Thank you.
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