6. Taxes: Colombia

Argentina. For full detail on Argentina, go to The Argentine Thread.

Taxes in Colombia for foreign owned businesses: the 35 percent corporate income tax and its 15 percent minimum, withholding on dividends, royalties, services and interest paid abroad, VAT including the reverse charge on imported services, thin capitalization and transfer pricing thresholds, the financial transactions tax and the municipal industry and commerce tax, each tied to the Estatuto Tributario or the law that sets it, with a tracker of the tax bill pending in Congress. For how Argentina taxes the other side of cross border flows, see The Argentine Thread.

Investor view. Colombia's tax rules are codified, predictable and enforced through withholding, and the policy priority that best supports growth is to keep rates on reinvested and distributed profit competitive with regional peers.

Taxes in Colombia: corporate income tax, withholding on payments abroad, VAT and local taxesColombian companies and branches pay 35 percent income tax on taxable profit, with a 15 percent minimum effective tax on adjusted book profit and 12 years to use losses. Money leaving to foreign owner

Related: Colombia country profile · live dashboard · central bank and release calendar · our posts on X · where Argentina is involved, see The Argentine Thread guide