Miguel Torres Ruiz

With the issuance of Law 2277 of 2022, the Colombian Government incorporated into the tax legislation the concept of significant economic presence (SEP), where certain foreign suppliers of goods and services that carry out activities in Colombia are the new obligated to pay Income Tax in this jurisdiction. In this regard, the regulation establishes that…

On 10 of August 2021 start the deadline for the filing of the Income Tax for individuals (Colombians or foreigners) considered as Colombian residents according to the current tax code. To know if any individual or foreigner is considered as tax resident should accomplish the following conditions as follow: Staying continuously or discontinuously in Colombia…

Colombia has one of principal economy in Latin America and is one of the most business-friendly countries in the region. Proof of this is the entry into the Organization for Economic Cooperation and Development -OECD-, which puts us at the level of Mexico and Chile: a country with better public policies, with greater confidence and…

The last 31st of December 2020 the Colombia Government issued a modification of the Law 300 of 1996 through the tourism law 2068 of 2020, that has the principal purpose of promote sustainability implement mechanisms for the conservation, protection and use of tourist destinations and attractions, as well as strengthen the formalization and competitiveness of…