“The council of state put an end to a dispute”

“Private companies that exploit natural resources must pay royalties since their activities cause environmental and social damage, which they must compensate.”

Royalties: Economic compensation that must be paid by those companies that extract natural resources, that is, resources that become extinct over time. At Consuegra Consultores, we do not agree that private companies that exploit natural resources have been able to discount the payment of royalties from the tax base, it is illogical that already having the exploitation they have more benefits than they already have.

More information here: https://main-elespectador-caracoltv.content.pugpig.com/2017/10/28/fin-a-una-onerosa-gabela-tributaria/pugpig_index.html