Limits on the use of companies in estate and inheritance tax planning
Talking about death and its effects on assets is never easy. Beyond the human aspects that accompany these processes, estate, inheritance, and tax planning often become a challenge for families and their advisors. Upon death, the estate is no longer available for sale or transfer until the succession of the deceased is defined. This, coupled […]
Withholding Tax on Joint Venture Agreements: Changes and Challenges
The purpose of a joint venture agreement is to jointly undertake one or more specific commercial activities under the management of one of the participants, with the aim of generating economic results that will be distributed among the parties according to a previously agreed proportion, whether in terms of profits or losses. It is important […]
Challenges and Key Changes in Withholding and Self-Withholding Tax: Decree 0572 of 2025
On May 28, the Ministry of Finance and Public Credit issued Decree 0572 of 2025 (hereinafter, “the Decree”), which reduces the minimum withholding bases and increases the withholding and self-withholding rates for various sectors of the economy. These include the agricultural and livestock sectors, the construction sector, service providers, and industries dedicated to the manufacturing […]
Beyond Registration: Responsibilities of Clearing Account Holders and Updates on Foreign Exchange Reporting Requirements
Clearing account holders in Colombia are subject to reporting obligations before both the Banco de la República and the National Tax and Customs Directorate (DIAN), as outlined in DIAN Resolution 000204 of 2025, External Resolution 1 of 2018 issued by the Board of Directors of the Banco de la República (Banrep), and Banrep’s External Regulatory […]
The Stamp Tax in the Context of the State of Internal Disturbance in Catatumbo: Legal and Tax Implications
Under the state of internal disturbance declared in the Catatumbo region, the National Government enacted a series of tax measures aimed at providing social and economic solutions to the crisis in the area and preventing its effects from spreading to neighboring regions or the rest of the country. Among the adopted provisions, a special tax […]
Tax Planning: The Key to Maximizing Your Surplus in 2025
The start of a new year offers a valuable opportunity to reflect on past accomplishments and set new goals. However, many individuals and businesses overlook a critical component in this process: tax planning. Each year, a significant number of taxpayers miss out on opportunities to reduce their tax burden. The encouraging news is that more […]