Jhon Jairo Bustos: Partner Remuneration During 2026
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TL;DR
- The Colombian state is a major shareholder in companies, collecting substantial revenue through various taxes.
- Profit distributions can incur high withholding taxes, and dividends are not deductible.
- Remunerating partners via board fees offers tax benefits like no VAT and deductibility.
- The simplified tax regime provides significant advantages, including 0% withholding, 0% VAT, and low income tax rates starting from 5.9%.