The Ministry of Finance and Public Credit, through the Directorate of Support Fiscal DAF makes a Report Fiscal Viability which assess the tax situation of each of the 32 departments in order to present their findings to Congress . This is a function assigned by Article 26 of Law 617*.
The Report Fiscal Viability made to the Department of Quindio, which has our Holographic Tax Stamps to protect their revenues, found that the Liquor consumption tax increased their revenues of 13% in 2015 over the previous year. See table below**:
By consulting the report of other departments, which use tax stamps from other suppliers, we found the following results *:
As it is shown in the graph, analyzing 18 departments including the Atlantic Coast, Santanderes, Great Tolima, Cundinamarca, Llanos Orientales, Eje Cafetero, Valle del Cauca and Antioquia; Quindio is the only one Department that showed a double-digit increase in its collection by Liquor Consumption Tax.
Only Boyacá, Caldas, Santander, Cundinamarca y Córdoba has incresings between 1% and 2%; other departments evaluated presented decrements ranging from -1% to -31% or -33% as was the cases of Antioquia and Norte de Santander.
These information shows that having an element of high security as the Figurazione tax stamp, linked with rigorous control operations, training and technological support, allows us to keep winning this daily fight against Illegality.