Colombia's tax authority issued Official Tax Opinion No. 100208192-69 on 17 January 2025, providing clarification on the treatment of tax losses and corporate income tax-exempt dividends under the Colombian holding company (CHC) regime. An

Luxembourg's Council of State has given its approval for the ratification of the income and capital tax treaty with Colombia on 4 February 2025. Earlier, Luxembourg’s Government Council approved the ratification of the income and capital tax

Colombia’s tax authority (DIAN) has released Resolution No. 000004 of 24 January 2025, introducing Form No. 115 for income and complementary tax returns for non-residents with significant economic presence (SEP) in Colombia. The Form 115

Colombia's Ministry of Finance issued Decree No. 1496 on 13 December 2024, updating the list of tax havens. This decree, which came into effect on 1 January 2025, includes the following 25 jurisdictions: Angola Bahamas Bahrain Cape

Luxembourg's Government Council has approved the ratification of the income and capital tax treaty with Colombia on 13 December 2024. The agreement was signed on 19 January 2024. It seeks to eliminate double taxation with respect to taxes on

The tax reform bill proposed by Colombian President Gustavo Petro was rejected by the four economic committees of the Colombian Congress on 11 December 2024. The rejection of the tax reform comes after Congress also rejected the government’s