On 29 April 2015, the Colombian tax authority (DIAN) issued Ruling 0601, which clarifies the tax authority's position on whether the increase of the general non-resident tax rate under Colombia's Tax Reform Act (Law 1739) affects specific withholding tax rates included in the Tax Code.
Under Law 1739, which was signed into law the end of 2014 and is generally effective from 1 January 2015, the rate of income tax on Colombia source income derived by nonresidents without a permanent establish…