On 19 December 2018, officials from Colombia and Japan signed an income tax treaty. The treaty is the first of its kind between the two countries.
Taxes Covered
The treaty covers Colombian income tax and its complementary taxes (impuesto sobre la renta y complementarios) and covers Japanese income tax, corporation tax, special income tax for reconstruction, and the local corporation tax.
Residence
If a company is considered resident in both Contracting States, the competent authorities …