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Understanding the 4×1000 Tax in Colombia and How to Calculate It Efficiently
Understanding the 4×1000 Tax in Colombia and How to Calculate It Efficiently The 4×1000 tax, also known as GMF (Gravamen a los Movimientos Financieros), is a financial transactions tax that affects nearly every transfer or withdrawal in Colombia. Introduced in 1998 as a temporary measure to address the financial crisis, it has evolved into a permanent tax affecting individuals and...
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