Africa
UK signs tax treaties with Colombia and Lesotho
The UK’s HM Revenue & Customs has announced that the UK has signed tax treaties . . .
Colombia
Americas
Colombian tax reform includes wealth tax on foreign companies
Colombia’s president has signed into law a tax reform package which includes a temporary annual tax on wealth in excess of $1 billion pesos (USD 425,000) held by domestic or foreign legal entities, writes PwC in a December 28 tax alert. The tax package also includes increases in income tax withholding rates . . .
Africa
UK announces plans to begin tax treaty negotiations with several nations
In a paper released November 13, the UK’s HMRC has announced that it will begin tax treaty negotiations with Nepal, Romania, Trinidad, Tobago . . .
Americas
US and Colombia sign Model 1 FATCA IGA
The US Treasury Department has updated its FATCA website, reporting that Colombia has signed a Model 1 intergovernmental agreement (IGA) with the United States as of May 20. The text of the agreement is available. See, Model 1 IGA.
Americas
Isle of Man removed from Colombia blacklist
The Isle of Man has been removed from Republic of Colombia’s blacklist as of October 7 pursuant to Decree 1966/2014, according. . .
