The Colombian tax authority (DIAN) recently released Ruling 713 of 28 August 2024, which provides guidance on the interpretation and application of tax laws for corporate income tax in Colombia, specifically addressing the concept of Significant Economic Presence (SEP) as per Law 2277 of 2022. The ruling addresses two issues, including the meaning of "displaying prices in Colombian pesos" as a condition for a significant economic presence and the meaning of "in an aggregate manner" in determ…