Signed on 5 August 2022, Brazil and Colombia signed their first agreement to eliminate double taxation on income and prevent tax evasion.
Brazil’s Congress has issued Legislative Decree No. 193 on 2 September 2025, approving the ratification of its income tax treaty with Colombia.
Signed on 5 August 2022, this is the first such agreement between the two countries and aims to eliminate double taxation on income and prevent tax evasion between the two countries.
The treaty will take effect once the ratification instruments are exchanged and will apply as of 1 January of the following year.