Cash, under pressure

TL;DR

A new wealth tax on companies with assets over 200,000 UVT (approximately $10.47 billion COP) is being implemented rapidly.
The tax demands immediate liquidity based on a snapshot of a company's net worth, regardless of current profitability.
Many sectors, including manufacturing and construction, are experiencing economic contraction, increasing the strain on businesses.
This tax could negatively impact corporate cash flow, investment, and expansion plans.
Industry groups have requested the suspension of the tax, citing concerns about its impact on investment and business confidence.

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