Bulletin No. 13 Tax effects of the State of Internal Unrest

• Special tax and/or contribution on the export of coal and oil (1%), charged to companies that trade in international markets. Estimated revenue: $214 billion.
• 19% VAT on online games of chance and luck, applicable to digital betting and online gaming platforms. Estimated revenue: $519 billion.
• 1% stamp duty, applicable to various official procedures and documents. Estimated revenue: $330 billion.

The total revenue expected from these measures would amount to $1.63 trillion.

What would be its period of application?

According to the Constitution and the law, in a State of Internal Commotion, fiscal or parafiscal contributions can be imposed and/or collected for a single fiscal period or during the duration of the commotion.

Question

One of the main questions is whether the money collected from these taxes will actually be used to address the public order situation, or whether, on the contrary, the Government will use it to compensate for the collection budgeted in the tax reform (Financing Law), which was not approved by Congress at the end of 2024.

Justification of the Government

The State of Internal Commotion is intended to address situations of political public order, unlike the State of Economic Emergency, which is used when dealing with situations of economic, social and ecological order.

The Government argues that this measure is not equivalent to a tax reform, since it does not modify permanent taxes, such as income tax or wealth tax.

In the next Bulletin, we will analyze the fiscal and economic effects of the measures implemented by the National Government.