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Colombia Launches Online Service for Registration of Commodity Transaction Agreements

|Approved Changes|Colombia
Colombia

The Colombian tax authority (DIAN) launched the online service for Form (Formato) No. 2573 on 3 August 2020, which is used for the registration of agreements in relation to the transfer pricing rules for commodity transactions for which quoted prices are used as a reference in setting prices between independent parties in uncontrolled transactions. This includes metals, minerals, hydrocarbons, energy, agricultural goods, and other goods with quoted prices used as a reference. Taxpayers subjec…

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