Colombia's government and Congress have started technical discussions on Bill 477/2026C, the Economic Rescue Bill, which proposes applying the standard 19% value-added tax to deposits made into online gambling accounts. The working groups began on 10 November after a meeting between government representatives and members of the congressional economic committees.
Proposed tax base
Article 41 would remove the current VAT exclusion for games operated exclusively online. The proposed taxable base includes deposits made by cash, bank transfer or cryptoassets, and the obligation would also apply to foreign-based operators serving Colombian tax residents. The bill would additionally double several monthly taxable bases for land-based gambling and raise the tax on certain prizes from 20% to 30%.
The proposal is not law. Joint committee debate is expected in the last week of November, and the government is seeking approval before the current legislative session ends on 16 December. A separate 16% consumption tax on online GGR remains in force through 31 December 2026, pending a court ruling. Operators should model the proposed deposit-based VAT separately from the current GGR tax.