Ley 118 de 1994 | Ley 118 de 1994 — Colombia law | Esheria

Ley 118 de 1994

This is the preamble of Law 118 of 1994, which establishes a horticultural/fruit-growing promotion levy, creates a promotion fund, and sets rules for its collection and administration.

Jurisdiction
Colombia
Instrument
Act or statute
Citation
Ley 118 de 1994
Version
Undated source snapshot
Language
es
Updated
Official source
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accounting activos administración administración de recursos administrative enforcement agricultural products agriculture budget approval budgeting certificates collections compliance contracting contributions credit resources cuotas sectoriales deductions destinación exports farming cooperatives fee collection fees and levies fondos fruit +29 more

Statute overview

About this statute

This is the preamble of Law 118 of 1994, which establishes a horticultural/fruit-growing promotion levy, creates a promotion fund, and sets rules for its collection and administration. La ley establece la Cuota de Fomento Hortifrutícola y las bases para su recaudo, administración y destinación. El subsector hortifrutícola nacional se define como parte del sector agrícola y comprende a las personas naturales y jurídicas dedicadas a producir frutas y hortalizas. This article establishes the Hortifrutícola promotion levy at 1% of the sale value of fruits and vegetables. Los productores de frutas y hortalizas deben pagar la cuota de fomento hortifrutícola; si el productor también exporta, sigue sujeto al pago. Los productores de banano no están sujetos a esa cuota.

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