On 22 December 2023, Columbia released Decree 2229, introducing revised deadlines for submitting various forms of transfer pricing documentation. These include the informative declaration, country-by-country (CbC) notification, Local file, Master file, and CbC report for tax year 2023 and later. The new deadlines now fall between 7 and 16 business days of September of the corresponding year. This represents a significant departure from previous years when transfer pricing documentation had to be submitted in December. As per the Decree, taxpayers no longer need to submit an informative declaration. However, they are still required to provide a CbC notification, similar to the CbC report, within the 10th business day of December.
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Romania: Parliament passes pillar 2 global minimum tax
Romania: Parliament passes pillar 2 global minimum tax
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