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Colombia's government is studying tax reductions for software companies, local media outlet Radio Santa Fe reported ICT minister Diego Molano Vega as saying at a conference for local IT industry association Fedesoft.
Molano said efforts were advancing with Colombian tax agency DIAN on a proposal to reduce the tax that software companies are required to pay upon rendering services to other entities. The tax is currently 11%, and the proposal would look to drop the tax to 3.5%.
At the Fedesoft gathering, the minister discussed the government's strategy for strengthening the ICT industry in Colombia - from innovation and infrastructure, to standards and quality.
The minister also called on companies to get involved in efforts to strengthen the ICT industry, both domestically and internationally.