According to a recent update published by the Czech Ministry of Finance, the income tax treaty with Colombia entered into force on 6 May 2015. The treaty, signed 22 March 2012, is the first of its kind between the two countries.
Taxes Covered
The treaty covers Colombian income tax and its complementary taxes, and the Czech tax on income of individuals and the tax on income of legal persons.
Residence
If a company is considered a resident in both Contracting States, the competent authori…