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[ad_1] As part of President Ivan Duque’s package of measures to save the economy during the COVID-19 coronavirus pandemic, three retail tax exemptions were announced where retail purchases would be exempt from Colombia’s exorbitant 19% VAT (value added tax). The first of those tax holidays was passed on Friday, June 19 where, despite the country’s …

[ad_1] Few industries have a bleaker outlook right now than tourism. But in Colombia, policymakers and business leaders are already thinking about how the industry can play a central role in the country’s economic recovery, regardless of the time. As the second most biodiverse country in the world, harnessing Colombia’s tourism potential will require tackling …