Colombia’s tax authority (DIAN) has confirmed that temporary taxes introduced under Decree 175 of 2025 will remain in effect until 31 December 2025, despite the end of the state of unrest in the Catatumbo region. These taxes include: 19%

Chile’s tax authority (SII) issued Letter Ruling No. 711 on 10 April 2025 regarding the taxation of payments for technical services under the 2007 Chile-Colombia tax treaty. The letter addresses two Colombians providing remote software

Luxembourg's Chamber of Deputies gave its approval for the ratification of the tax treaty with Colombia concerning income and capital on 2 April 2025. The agreement was signed on 19 January 2024. It seeks to eliminate double taxation with respect

Brazil’s Chamber of Deputies have passed Draft Legislative Decree No. 311/2024, which ratifies the income tax treaty with Colombia on 27 March 2025. It is now being presented to the Senate for final approval. Signed on 5 August 2022, it is

Israel's Parliamentary Finance Committee approved the 2025 state budget on 23 March 2025. The bill proposes that the net state budget for 2025 will stand at about NIS 755.9 billion – the total budget for calculation of the expenditure limit

Israel’s tax authority (ITA) released a draft Tax Circular on 27 February 2025 for public comment. The circular outlines criteria and requirements for local R&D centres and post-acquisition IP sales, offering potential certainty from the