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Market
Public opinion on royalty tax deductions in Colombia by 2024
3
Resolution / Starting Odds
Mostly favorable • 33%
Mostly unfavorable • 33%
Indifferent/No clear majority • 33%
National polls or surveys
Story
Colombia Court Upholds Ruling on Royalty Tax Deductions, Rejects Petro's Plan
May 28, 2024, 11:32 AM
On May 28, Colombia's Constitutional Court upheld a ruling allowing oil and mining companies to deduct royalties from their taxes. The court denied a proposal from the finance ministry to modify the ruling, which had previously struck down a ban on such deductions. This decision rejects President Gustavo Petro’s plan to delay the refund of these royalty taxes. The ruling is seen as a significant development in the ongoing debate over tax policies affecting the oil and mining sectors.
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Majority Support • 33%
Divided Opinion • 33%
Majority Opposition • 33%
Majority Support • 33%
Majority Oppose • 33%
Evenly Split/Undecided • 34%
Majority views negatively • 50%
Majority views neutrally or positively • 50%
Significantly less favorable • 25%
Somewhat less favorable • 25%
No change • 25%
More favorable • 25%
Majority Support • 33%
Majority Oppose • 33%
No Clear Majority • 34%
Increased Support • 33%
No Significant Change • 33%
Decreased Support • 33%
Increase support for carbon tax • 33%
Decrease support for carbon tax • 33%
No significant change • 34%
Favorable • 33%
Unfavorable • 33%
Neutral/No opinion • 34%
Mostly Positive • 25%
Mostly Neutral • 25%
Mostly Negative • 25%
Highly Controversial • 25%
Significantly improves • 33%
No significant change • 33%
Worsens • 34%
Favorable • 33%
Neutral • 33%
Unfavorable • 34%
Very unfavorable • 25%
Somewhat unfavorable • 25%
Neutral • 25%
Favorable • 25%