Colombia Clarifies Withholding Tax Treatment of Dividends Paid to Holding Company in Andean Community

The Colombian tax authority (DIAN) recently released Ruling 8935 int 1037 of 10 July 2025, which clarifies the withholding tax treatment of dividends paid to a holding company in a member country of the Andean Community. The ruling explains that where dividends are paid to a company in another member country that is subject to a holding company regime comparable to the Colombian holding compan…
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