Colombia government sends $3.9 billion tax reform to congress amid renewed protests

Performers take part in an anti-government march demanding changes to the social and economic policies, during Colombia's Independence Day, in Bogota, Colombia July 20, 2021. REUTER/Nathalia Angarita

BOGOTA (Reuters) - Colombia's government on Tuesday formally presented a $3.95 billion tax reform bill to congress, even as unions and student groups seek to revive the street protests that helped scupper the reform's original iteration.

The law would raise 15.2 trillion pesos per year, significantly less than the 23.4 trillion pesos sought by the government in an April proposal that was later withdrawn amid sometimes-deadly protests and lawmaker opposition.