EYEY

Colombia modifies regulations on ultimate beneficial owners

|Tax Alerts, Legislation & Policy, Na ...|Colombia
Colombia

The new resolution limits ultimate beneficial owner reporting to certain foreign entities and sets forth new due dates for submitting the information.

In Resolution No. 37 (issued 17 March 2022), the Colombian Tax Authority modified regulations on reporting ultimate beneficial owners (UBOs) (i.e., individuals who own, control or benefit from the relevant entity).

Resolution 164 of 27 December 2021 r…

Continue Reading