🇨🇴 Colombian Court Orders IVA Refund to Gaming

The Colombian Constitutional Court has unanimously struck down Decree 1474 of 2025, which mandated the collection of VAT from games of luck and chance. This decision compels the government to refund the 25,000 million pesos collected under the decree, arguing that it violated the principle of tax legality by bypassing congressional approval. This landmark ruling resonates across Colombia's gaming industry, which has long sought the cessation of IVA levies and reimbursement of funds. The court emphasised that any tax impacting the gaming sector must be legislated, not decreed. This decision sets a precedent reinforcing the legislative process in tax matters. 🏛️🎲