{"id":36932,"date":"2024-07-30T05:20:00","date_gmt":"2024-07-30T10:20:00","guid":{"rendered":"https:\/\/latamobility.com\/?p=36932"},"modified":"2024-07-30T08:27:48","modified_gmt":"2024-07-30T13:27:48","slug":"colombia-automotive-industry-disagrees-with-vat-free-day-for-electric-vehicles","status":"publish","type":"post","link":"https:\/\/latamobility.com\/en\/colombia-automotive-industry-disagrees-with-vat-free-day-for-electric-vehicles\/","title":{"rendered":"Colombia: Automotive Industry disagrees with VAT-Free Day for Electric Vehicles"},"content":{"rendered":"\n
Representatives of the automotive sector in Colombia <\/strong>expressed their disagreement with the proposal of government authorities to apply the third VAT-free day<\/strong> to domestic and imported electric vehicles.<\/p>\n\n\n\n According to a report in the local media El Tiempo, they argue that this measure would benefit only a few and would not contribute to the reactivation of the sector.<\/p>\n\n\n\n Pedro Nel Quijano, President of the Association of Automotive Dealers (Aconautos)<\/strong>, in dialogues with El Tiempo, pointed out that what the sector needs are permanent measures to encourage the adoption of electric vehicles.<\/p>\n\n\n\n “If this clamor were to be addressed, the idea would be a VAT or Impoconsumo rebate for all vehicles,” said Quijano<\/strong>. He believes that a single day of tax exemption would not have a significant impact on the automotive market, since the process of buying a vehicle usually takes more than a day.<\/p>\n\n\n\n