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Colombia’s coffee exporters’ association objected to a proposed Economic Rescue Bill that would apply 19% VAT to green coffee and fique sacks. The group says exporters could have to advance nearly US$708 million in taxes while awaiting refunds, tying up working capital and increasing administrative burdens.
The proposed tax could raise cash-flow and compliance costs for Colombian coffee exporters, potentially affecting their purchasing capacity and export-chain operations. The article does not establish a direct effect on the listed feed commodities.
co.ibtimes.comMary QuinteroNov 5, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
