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RECENT DEVELOPMENTS IN INTERNATIONAL TAXATION

Accession process of Colombia to the Organization for Economic Co-operation and Development (OECD)

It is still pending the approval of the trade and labor affairs committees, which will meet at the end of this year

 

The Minister of Finance, Mauricio Cardenas, pointed out that of the 23 committees that must approve Colombia’s access to the OECD, 20 have already approved Colombia’s access to the organization.

The minister also pointed out the advantages of belonging to the OECD for Colombia, including having a quality and guarantee seal, bringing investment and employment to the country and belonging to the group of countries that are leaders in the management of their economic policies.