In the case of payments made to non-residents (2.1.1), their residence must be taken into consideration to establish the withholding rate to apply, if any.
Residents in tax havens
Currently, Colombian regulations do not speak of tax havens, but of non-cooperative jurisdictions or those with low or no taxation; however, Tax Statute, Art 260-7, para 4, assimilates the terms.
In this scenario, all payments made will have a withholding tax of 35% in accordance with Tax Statute, Art 408, para 2.
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Web page updated on 17 Mar 2025 15:05