Cardenas Says Colombia Weighs Change to Tax on Bond Profits (1).

Colombia's government may add changes to a tax on foreigners' bond profits to legislation being debated by lawmakers, Finance Minister Mauricio Cardenas said. The tax reform bill submitted to Congress last month did not include any alteration to the tax on foreigners' earnings on local peso bonds, known as TES, surprising some analysts who had expected a cut. [Extracted from the article]