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Colombia Sets Minimum Interest Rate on Shareholder Loans for 2018

|Approved Changes|Colombia
Colombia

Colombia has published Decree No. 0569 of 2018, which sets the deemed minimum annual interest rate (yield) at 5.21% for loans granted by a company to its partners or shareholders, or vice versa, for the 2018 tax year. The decree also sets the inflationary component rates for financial income/returns and costs for natural persons for the 2017 tax year.

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