Double tax treaty concluded between Colombia and Italy will be effective 1 January 2022
The treaty includes provisions for permanent establishments that are aligned with OECD Model 2017, a mutual agreement procedure when an entity has double tax residence, and reduced withholding tax rates for dividends, interest and royalties.
On 6 October Colombia and Italy completed the exchange of letters procedure, confirming that they concluded their domestic procedures for ratifying the double …
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