Colombia
On September 14, 2021 the Tax Reform Bill was enacted, adopting a new Tax Reform in Colombia.
Corporate income tax and dividends tax for Concessions and PPPs
Reduced statute of limitations Anti-evasion mechanisms
Reduction of penalties and default interest and mechanisms for early termination of proceedings and litigation
Works paid for in lieu of taxes
Tax normalization SIMPLE taxation regime
Automatic refund of VAT balances
Changes to tax benefits