The income and capital tax treaty between Colombia and the UK was signed 2 November 2016. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Colombian income tax and its complementary taxes and CREE tax. It covers UK income tax, corporation tax, and capital gains tax. Residence If a company is considered resident in both Contracting States, the competent authorities will determine the company's residence for the purpose of the treaty through mutual agreement. If no agreement is reached, the company will not be entitled to the benefits of the treaty aside...