Colombia · Country watch

Colombia Prepares Tax Cut, Drone Attack Hits Police

Colombia plans to reduce the 4x1.000 tax, while a drone attack disrupts police operations in El Carmen.

Florent Kalfon · September 23, 2026 · 3 sources

The picture Mixed

Business conditions in Colombia are mixed today. The planned reduction of the 4x1.000 tax offers financial relief, but security concerns rise with a drone attack on a police station. Political tensions also grow with potential budget cuts to the JEP.

In this briefing Abelardo de la Espriella · Miguel Gómez · Colombia · El Carmen · Colombian National Police · Alejandro Ramelli · Special Jurisdiction for Peace · International Criminal Court

Regulation

finance

Colombia to reduce the 4x1.000 financial tax

a colorful bag hanging from the side of a building — Gustavo Sánchez / Unsplash

The Colombian government, led by President Abelardo de la Espriella, is preparing a legislative proposal to gradually reduce the 4x1.000 tax on financial transactions. This initiative is part of the so-called Rescue Law, which the government plans to present to Congress in the second half of October, according to El Colombiano. Finance Minister Miguel Gómez confirmed the proposal, which aims to alleviate the financial burden on businesses and individuals.

Impact Financial institutions and businesses in Colombia will benefit from reduced transaction costs once the tax is lowered.

Watch The proposal is expected to be presented to Congress in the second half of October.

Sources: El Colombiano ↗

Disruption

public-sector

Drone attack targets police station in El Carmen

A drone attack involving nine grenades targeted a police station in El Carmen, according to KienyKe. The incident occurred as residents were leaving a church service, forcing them to seek refuge in nearby homes. The attack has raised concerns about security in the region and the capabilities of local law enforcement to handle such threats.

Impact Public-sector operations in El Carmen face increased security challenges following the drone attack.

Sources: KienyKe ↗