LA Topic: TAXATION OF ELECTRONIC COMMERCE IN COLOMBIA

Most jurisdictions around the world are adopting their current taxation principles to the e-commerce transactions, instead of creating a whole new system. Colombia has not implemented any e-commerce taxation laws yet. The assertive approach allows the government to closely monitor the international tendencies regarding taxation of e-commerce and the development of Internet transactions. Yet, the time may come soon when most jurisdictions should clearly state their taxation rules for e-commerce transactions. A brief analysis of e-commerce taxation in Colombia, presented by a Colombian Tax expert , is quoted in this excerpt.

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