IBOV 167,563.47 ▲ 1.23% IPC MEX 70,819.80 ▲ 0.91% MERVAL 2,848,945 — — USD/BRL5.46▲ 0.06% USD/MXN18.55▼ 0.37% USD/CLP965.60▼ 1.58% USD/COP3,222▼ 0.87% USD/PEN3.44▼ 0.05% USD/ARS1,547▼ 0.03% USD/UYU40.26▲ 3.34% USD/PYG6,031▲ 4.22% USD/BOB12.00▲ 2.42% USD/DOP59.81▼ 1.14% USD/CRC450.31▲ 2.42% USD/GTQ7.64▲ 3.14% USD/HNL26.88▲ 3.25% USD/NIO36.62▲ 0.07% USD/VES892.65▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.60% USD/TTD6.66▲ 1.66% EUR/BRL6.14▼ 0.07% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99% IBOV 167,563.47 ▲ 1.23% IPC MEX 70,819.80 ▲ 0.91% MERVAL 2,848,945 — — USD/BRL 5.34 ▼ 1.32% USD/MXN 18.69 ▲ 0.62% USD/CLP 983.47 ▼ 0.57% USD/COP 3,149 ▲ 3.06% USD/PEN 3.45 ▲ 0.17% USD/ARS 1,537 ▼ 0.28% USD/UYU 40.21 ▲ 3.57% USD/PYG 5,803 ▲ 3.78% USD/BOB 11.97 ▲ 4.93% USD/DOP 60.54 ▲ 1.83% USD/CRC 451.24 ▲ 2.13% USD/GTQ 7.64 ▲ 3.23% USD/HNL 26.87 ▲ 3.37% USD/NIO 36.62 ▲ 2.81% USD/VES 885.08 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.63% USD/TTD 6.71 ▲ 2.07% EUR/BRL 5.95 ▲ 7.53% BRENT 109.58 ▼ 5.38% WTI 100.12 ▼ 1.61% IRON ORE 161.91 — — COPPER 6.65 ▲ 2.24% GOLD 4,073 ▲ 0.85% SILVER 54.49 ▲ 0.70% SOY 1,250 ▲ 0.70% CORN 450.25 ▼ 1.04% WHEAT 614.75 ▼ 0.20% COFFEE 294.35 ▼ 2.19% SUGAR 19.26 ▲ 0.84% ORANGE JUICE 143.20 ▲ 5.45% COTTON 77.90 ▼ 1.47% COCOA 5,581 ▲ 1.66% BEEF 230.73 ▲ 0.33% CATTLE 346.40 ▼ 1.00% LITHIUM 62.43 ▲ 1.89% PETR4 53.31 ▼ 1.06% VALE3 62.88 ▼ 2.33% ITUB4 41.42 ▼ 0.67% BBDC4 15.69 ▼ 1.63% ABEV3 15.40 ▲ 0.20% BBAS3 17.59 ▲ 0.69% B3SA3 15.27 ▲ 1.33% WEGE3 45.78 ▲ 2.81% PRIO3 69.21 ▼ 2.71% SUZB3 47.14 ▼ 0.55% RENT3 31.14 ▼ 1.67% AZZA3 16.72 ▲ 1.15% CSAN3 2.69 ▼ 2.89% RAIZ4 0.34 — 0.00% PCAR3 2.22 ▼ 3.48% GMAT3 3.74 ▲ 2.19% PSSA3 47.75 ▼ 0.89% CVCB3 0.98 — 0.00% POSI3 3.56 ▼ 0.84% SLCE3 16.97 ▼ 2.75% NATU3 5.68 ▼ 3.89% BRKM5 3.80 ▲ 19.50% RANI3 7.34 ▼ 0.54% CSNA3 4.76 ▼ 4.99%
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Thursday, November 5, 2026

Colombia Latin America

Colombia Vape Tax Wins Senate Approval

By · November 5, 2026 · 5 min read
The Capitolio Nacional in Bogotá, seat of Colombia's Congress, with the national flag at dusk
File photo. The Capitolio Nacional, seat of Colombia’s Congress, Bogotá, 2008. Photo: Rikimedia, CC BY-SA 3.0, Wikimedia Commons.
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COLOMBIA · TOBACCO TAX

Key Facts

  • The vote Colombia’s Senate approved the bill 79 to 1 on Wednesday, 4 November.
  • Vapes Vapes and e-cigarettes will pay the same kind of consumption tax that cigarettes pay.
  • Cigarettes A fixed COP 7,800 (US$2.40) per pack plus 20% of the retail price.
  • Start date Six months after the president signs the law, the Senate says.
  • Next step The Senate says only the president’s signature remains.
  • Power Index Colombia ranks 6th of 14 in The Rio Times Latin America Power Index, with 51.9 points (October 2026 edition).

The Colombia vape tax cleared the Senate on Wednesday, 4 November, in a 79 to 1 vote. The same bill sets a fixed tax of COP 7,800 (US$2.40) per cigarette pack, at about COP 3,250 per US$1 on 4 November.

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Vapes and e-cigarettes will pay a consumption tax like cigarettes, and the Senate says only the president’s signature remains. Tobacco and vaping companies selling in Colombia would face a bigger tax bill.

What the Senate Approved

The Senate plenary, the full chamber, approved the bill’s articles and title and voted yes on making it law, by 79 votes to 1. The Senate says the tax starts six months after the president signs.

Cigarettes pay a fixed COP 7,800 (US$2.40) per pack plus a 20% share of the retail price, as certified by DANE, Colombia’s national statistics agency. Vapes and e-cigarettes now fall under the same consumption-tax system.

Senator Héctor Olimpo Espinosa said the tax will bring new resources to the territorial health system. The text keeps a 70-30 split of resources for Bogotá.

How the Colombia Vape Tax Got Its Rate

Committees had proposed COP 5,100 (US$1.57) per pack, so the Senate settled on a figure higher than their text. The government’s separate fiscal rescue bill asks for COP 7,823 (US$2.41) in 2027 and COP 11,200 (US$3.45) in 2028.

That bill would tax vapes at COP 1,000 (US$0.31) per milliliter in 2027 and COP 2,000 (US$0.62) from 2028, plus 30% of the retail price. Its extra revenue would help pay for health insurance.

Senator Juan Fernando Caicedo of the conservative Centro Democrático party, who presented the committee report, said the Senate rate balances revenue and deterrence. He argued that very high rates push consumers toward contraband.

In Plain English, Who Is Who

A consumption tax is a tax on specific goods such as cigarettes. Its fixed part is a set peso amount per pack, while its ad valorem part is a percentage of the price.

The Senate plenary is the full chamber, which votes after committees have studied a bill. The ponente is the senator chosen to present and defend the committee’s report.

Stone columns on the front of the Capitolio Nacional in Bogotá, where Colombia's Senate meets
File photo. Front columns of the Capitolio Nacional, home of Colombia’s Congress, Bogotá, 2012. Photo: Racso (Oscar Fernando Gómez), CC BY-SA 3.0, Wikimedia Commons.

What Critics and Supporters Say

Senator Jennifer Pedraza of the Dignidad y Compromiso party asked to reopen the vote, and the plenary denied her motion. She cited the Health Ministry’s view that the increase does not do enough to discourage smoking.

Supporters point to new money for health services, while critics inside the Senate worry about contraband. The vote shows how narrow the gap is between raising revenue and keeping smokers in the legal market.

What It Means for You

Tobacco and vaping companies selling in Colombia face a higher tax per pack and a new tax on vapes once the law takes effect. The Senate gave no estimate of shelf prices.

The vote lands as the government pushes its own rescue law, which also raises tobacco taxes, to close a growing budget gap. See our reports on the vice president’s US$22 billion budget fix and the 2027 budget warning.

What Is Not Known

It is not settled whether the two chambers must still reconcile their texts before the president signs. The Senate says only the president’s signature remains.

No date has been given for the signature, so the start date of the tax is not yet fixed. The Senate statement gives no figures for expected revenue or for the effect on smoking.

Frequently Asked Questions

What does Colombia’s new vape tax do?

It brings vapes and e-cigarettes under the same consumption tax that cigarettes pay, with a 20% price-based component. It starts six months after the president signs the law.

How much is the new cigarette tax?

The text sets a fixed COP 7,800 (US$2.40) per pack plus 20% of the retail price. Committees had proposed COP 5,100 (US$1.57) per pack.

Is the Colombia vape tax final?

The Senate approved it 79 to 1 on 4 November and says only the president’s signature remains. The tax would then start six months after signing.

Why do some senators worry about the tax?

Senator Juan Fernando Caicedo argued that very high rates push consumers toward contraband. Senator Jennifer Pedraza cited the Health Ministry’s view that the increase does not curb smoking enough.

Sources: Senate of Colombia, press release “Los vapeadores pagarán impuesto al consumo, como los cigarrillos”, 4 November 2026; Government fiscal rescue bill (Ley de Rescate Económico), tobacco and vape articles, 29 October 2026; Exchange rate: peso close of COP 3,250 per US$1, 4 November 2026.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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