Colombia Introduces Temporary Levy on Electricity Generation Companies

Colombia has published Legislative Decree No. 0044 of 21 January 2026, which provides for the introduction of a temporary parafiscal levy at a rate of 2.5% on electricity generation companies providing domestic public electricity service. The levy is imposed on the portion of profit before taxes attributable to electricity generation for the 2025 fiscal year. The levy is payable in two install…