July 14th/2023. The Colombian Ministry of Finance and Public Credit published for comments a draft Decree regulating the taxation of significant economic presence (per its Spanish acronym, “PES”) in Colombia, and in particular, regarding the application of Colombian...
Bogotá D.C., February 13th / 2023. The Significant Economic Presence (“SEP”) is a new tax-attraction rule under which non-resident individuals and foreign legal entities will be deemed income taxpayers over their Colombian source income derived from trading or...
The Bank of the Republic through the Bulletin 8 of February 28, 2020, published the External Resolution No. 1 of 2020 by which it modified the External Resolution No. 1 of 2018 of the Board of Directors of the Bank of the Republic in the sense of including the...
