The income tax treaty between Colombia and Portugal will enter into force on 30 January 2015. The treaty, signed 30 August 2010, is the first of its kind between the two countries. Taxes Covered The treaty covers Colombian income tax and its complementary taxes, and Portuguese personal and corporate income taxes, and the local surtax on corporate income. Residence If a company is a resident in both Contracting States, the competent authorities will determine the company's residence for the purpose of the treaty through mutual agreement. If the authorities cannot reach mutual agreement, the company will not be entitled to...