Colombia's National Tax Authority (DIAN) recently issued a ruling concerning the withholding of tax on dividend payments covered by the 2007 tax treaty with Chile. The ruling provides that where dividends are paid from Colombia to a Chilean resident, tax is to be withheld at domestic rates. If the Chilean resident receiving the dividends is the beneficial owner, they may then request a refund of excess tax withheld as per the provisions of Article 10 (Dividends) of the treaty, which provides …