OrbitaxMajor tax reform – details
|Approved Changes|Colombia
Law No. 1607 of 2012, generally effective form 1 January 2013, amends the Tax Code (estatuto tributario).The most important amendments of the major tax reform are as follows:
Corporate income tax
| - | Reduction of the corporate income tax rate from 33% to 25% for resident companies and non-resident companies deriving thei… |
