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Colombian Constitutional Court Approves Pending Tax Treaty with the UK

07 November 2019

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Treaty Development

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Colombia-United Kingdom

Colombia's Constitutional Court reportedly approved the law for the ratification of the pending income and capital tax treaty with the United Kingdom on 22 October 2019. The treaty, signed 2 November 2016 ({News-2016-11-09/T/4-previous coverage}), is the first of its kind between the two countries. It will enter into force once the ratification instruments are exchanged and will apply in Colombia from 1 January of the year following its entry into force, and in the UK from 1 January of the year following its entry into force in respect of withholding taxes, from 1 April next following its entry into force...