Financial inclusion

Malagón proposes gradual phase-out of 4x1.000 tax over ten years

Jonathan Malagón, president of Asobancaria, stated that fiscal constraints limit the elimination of the 4x1.000 tax between 2026 and 2030. He proposed a ten-year plan to phase it out point by point, without taxing immediate payments. He also highlighted the role of re-banking to raise credit access to 75%.

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