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Colombia-Japan double tax treaty will be effective 1 January 2023

|Tax Alerts, National/Federal Taxation, T ...|Colombia, Japan
Colombia, Japan

  • The permanent establishment rules follow the guidelines of the Base Erosion and Profit Shifting (BEPS) plan of the Organisation for Economic Co-operation and Development (OECD).

  • The treaty has reduced withholding tax rates for certain passive income.

  • The treaty also has reduced tax rates for certain capital gains.

Executive summary

On 5 August 2022, Colombia and Japan completed the exchange of diploma…

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