Colombian Tax Authority Clarifies Interaction of Significant Economic Presence Rules and Tax Treaty Provisions

The Colombian tax authority (DIAN) recently released Ruling 525 of 8 July 2024 on the interaction of the country's new rules for the taxation of non-residents with a significant economic presence in Colombia in cases where there is an applicable tax treaty. Under the rules, non-residents meeting the conditions for a significant economic presence are required to either make bimonthly tax payment…
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