In the middle of the plenary meeting number 15 of the Global Forum on Transparency and Exchange of Information for Tax Purposes, Colombia accepted two multilateral agreements with which it seeks to facilitate the automatic exchange of information between the authorities of 22 countries, in order to combat tax evasion and avoidance.
(See: Will the tax reform calm the market?: this is what Dian director says).
These are the ‘Multilateral Agreement of Competent Authorities on the Automatic Exchange of Information on Derived Income via Digital Platforms’ and the ‘Multilateral Agreement of Competent Authorities on the Automatic Exchange Relating to CRS Avoidance Agreements and Opaque Offshore Structures’ .
This Forum, which was founded in 2000 by the Organization for Economic Cooperation and Development (OECD), The head of the international taxation office of the Directorate of National Taxes and Customs (Dian), who was responsible for formalizing the agreements in the city of Seville (Spain), was present.
(See: Step by step to get the RUT digitally and without lines).
As announced by the Dian through a statement, the signing of the agreements was reached after several years of work and “These agreements represent a very important advance for Colombia in its objective of maintaining the fight against tax evasion and avoidance.”.
In addition, the agreements are added to other international commitments that the country previously acquired in 2017 in the exchange of tax information, under the Convention on Mutual Administrative Assistance in Tax Matters.
(See: Gross collection reached $176.76 billion in September).
BRIEFCASE