• Service: Tax, Global Compliance Management Services, International Tax
  • Type: Regulatory update
  • Date: 9/5/2013

Colombia - Tax treaty with Mexico enters into force 

September 5: Colombia’s government issued Decreto 1668 concerning Colombia’s income tax treaty with Mexico (signed in August 2009).

The Colombia-Mexico income tax treaty entered into force 11 July 2013.

Among the provisions in the treaty, there are changes to the tax treatment of income in the treaty-partner countries that concern corporate profits, permanent establishments, and withholding tax rates for the taxation of dividends, interest, royalties, and capital gains.

Effective date provision

Article 29 of the income tax treaty contains the effective date provisions. In general, with the treaty’s entry into force, the treaty’s income tax provisions apply from 1 January of the calendar year following the entry into force year. Thus, with an entry into force in 2013, the treaty’s provisions are effective beginning 1 January 2014.

Read an August 2013 report (Spanish) [PDF 62 KB] prepared by the KPMG member firm in Colombia: Entrada en vigor del convenio entre Colombia y México para evitar la doble tributación

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