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STATEMENT BY SECRETARY KERRY Colombia Peace Process I am very pleased to see that the Colombian government and the Revolutionary Armed Forces of Colombia (FARC) have reached major breakthroughs on the outstanding issues in the peace process negotiations:  transitional justice,...

Last week in New York City during the International Tax Review award event for The Americas honoring top tax lawyers, auditors and accountants, the international law firm Baker & McKenzie won several awards categories including Tax Firm Of The Year for Colombia, Tax Firm Of...

The terrorist actions in recent months against the infrastructure of Ecopetrol, has been compounded by another recent menace: theft of copper cables that supply electrical power to oil wells. So far in 2015, Ecopetrol has reported 393 thefts of copper wire in three production...

Colombia may be the newest route for migrants traveling illegally to the United States from third countries, according to a new documentary by the Discovery Channel and Caracol Television.  The country serves as a transit point for many who undertake this perilous journey,...

Finance minister Maurice Cardenas signed a Foreign Account Tax Compliance Act (FATCA) intergovernmental agreement, with US Ambassador Kevin Whitaker last Wednesday. The bilateral agreement is aimed at combating offshore tax evasion by promoting the exchange of information between...

Colombia’s Tax Authority, DIAN has clarified the withholding tax rate applicable to payments made abroad based on the provisions of Law 1739 of 2014. Article 28 of Law 1739 of 2014 set forth that revenue obtained by companies and foreign entities, that is not attributable to a...

Colombia’s largest company, state controlled Ecopetrol released video showing the unauthorized entry of USO (Union Sindical Obrera de la Industria del Petrolero) activists last Tuesday at the oil producer’s Pozos Colorados facility, on the Atlantic coast, south of...

The increasing currency flows from foreign investment directed towards the hydrocarbon sector, have been stimulated largely due to laws that Colombia’s national government has implemented in order to stimulate investment in this sector. The time has come to discuss and to analyze...

Above: Contraband gasoline smuggled into Maicáo, Colombia from Venezuela. Photo Credit: Loren Moss MIAMI, Feb. 3, 2015, (PRNewswire) — The border between Colombia and Venezuela is home to some of the world’s richest oil and gas reserves. But it is also...

Starting January 1, 2015, Colombia’s national mining agency, the ANM (Agencia Nacionál de Minas) has implemented a registry of authorized gold traders within Colombia to combat the widespread illicit and informal gold mining. This registry is designed to combat two problems, the...