On 15 January 2017, the United Arab Emirates (UAE) ratified the Tax Information Exchange Agreement (TIEA) with Colombia by way of Decree 227-2016. Furthermore, this Agreement provides for the effective exchange of information regarding tax matters between the tax authorities including automatic exchange of information which is necessary for the exchange of financial account information based on the international standards formulated by the OECD, and is expected to contribute to the prevention of international tax evasion and tax abuse.
Related Posts
UAE sets minimum excise price for electronic smoking liquids
The UAE will introduce a minimum excise price of AED 1 per millilitre for liquids used in electronic smoking devices
Read More
Colombia extends suspension of tax, customs, foreign exchange deadlines in earthquake‑hit regions
The Colombian Tax and Customs Administration Dirección Nacional de Impuestos y Aduanas (DIAN) issued a Resolution No.
Read More
UAE issues Pillar Two QDMTT guidance on scope, registration, excluded entities
The UAE Federal Tax Authority (FTA) has issued two guides dated 26 August 2026 providing administrative and technical
Read More
UAE: FTA sets input VAT verification requirements from October
The UAE Federal Tax Authority has issued Decision No. 13 of 2026 on 22 July 2026, establishing due diligence
Read More
UAE updates requirements for filing Pillar Two information return
The UAE Ministry of Finance has issued Ministerial Decision No. 133 of 2026 on 25 August 2026, setting out the entities
Read More
Colombia introduces tax measures to support music sector
Colombia has introduced a legal framework to recognise, promote and strengthen its music sector, including tax measures
Read More