This guide is an overview of the Mexico’s Value Added Tax (“VAT”) system, focussed on how it affects foreign businesses trading with Mexico. It is general in nature and unlikely to cover the specifics of your scenario. It should be read as such and not be construed as advice. For advice as to how your business is affected by Colombia VAT please contact a Kreston Global Colombia VAT specialist.
September 21, 2023
Kreston tax expert and regional tax director in the Kreston Global Tax Group, Jelle Bakker has accomplished many contributions in the area of international taxation over the past 35 years, including 10 years as Senior Tax Counsel with Global Network Bank.
February 22, 2023
The double tax agreement, DTA , which France and Colombia signed came into force on January 1, 2023. When in force the DTA will include a 5% tax withholding rate for payments of dividends when the recipient holds at least 20% of the paying company, otherwise the rate will be 15%. The tax withholding rates for payment of interest will be 0%/10%. In the case of royalties, the withholding rate will be 10%.
To talk to one of our experts about this DTA in Colombia or France, please get in touch.
July 8, 2021
July 2, 2021
June 10, 2021
