GGR

Colombia
2026-07-08 17:18:16

Colombia's Constitutional Court Blocks Petro's Emergency Tax Decree, Crypto Gambling VAT Now Requires Congressional Approval

Colombia's Constitutional Court has declared President Gustavo Petro's economic emergency decree unconstitutional, ending a 13-month effort to impose VAT on online gambling via executive orders. The ruling explicitly included crypto deposits as taxable for the first time, and any future tax on gambling must now pass through Congress with elections weeks away.

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Colombia's Constitutional Court Blocks Petro's Emergency Tax Decree, Crypto Gambling VAT Now Requires Congressional Approval