Colombia's Supreme Administrative Court Rules Creditor Certificate Not Needed before Return Filing Under Thin Capitalization Rules

Colombia's Supreme Administrative Court issued a decision on 31 July 2025 concerning the requirement to obtain a certificate from a creditor prior to filing the corporate tax return in order to claim an interest deduction for non-related party financing. Under Colombia's thin capitalization rules, taxpayers are allowed to deduct interest derived from non-related party financing if they can demo…
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