Uber will increase its rates by 7% to comply with technological platforms of VAT



[ad_1]

Economics Editorial Staff

The company claims to have made "adjustments" to reduce the impact of the income of drivers using the platform. The tax on these services was introduced in 2016, in the tax reform, but did not take effect until July 1st.

The 19% VAT for technological platforms, a measure envisaged in the tax reform that was approved at the end of 2016, it began to take effect this week, and the effects begin to manifest in some from among them, who must collect the tax on the service rendered and remit it to the Treasury.

In the case of Uber in rates of, plus or minus, 7%, according to Juan Pablo Wills, Tax Director for the Andean Region, Central America and the Caribbean of Uber . Through a statement, the company said it made "adjustments" to the values ​​paid by users to drivers, to reduce the impact on the income of the latter, which according to the model of the company , benefit from a service of intermediation contact the pbadenger. They will see the discriminated VAT in the revenues of services rendered

The platform, of American origin and not yet accepted by the authorities of transport of Colombia, affirmed that to comply with the law "it has advanced the necessary processes to start the collection of the tax from July 1st ". This measure was the solution that the government and legislators have found to tax foreign platforms that operate on the Internet and whose appearance, moreover, has been a challenge for traditional businesses: taxis in this case; TV in the case of Netflix, among others.

Despite the start of the collection, Uber said that "he expects the regulations that the DIAN must issue to establish the details of the payment of taxes that correspond, as stipulated in the law". The competitor of Uber, Cabify, of Spanish origin, replied to this newspaper that he will not speak until there will be no "clarity" because " to date, there is no final settlement on this issue published by DIAN ". [ad_2]
Source link