income tax

Tax Deadline

It’s that time of year – Tax Deadline !

It just seems to be human nature that we leave things until the last minute – especially when it comes to taxes ! If you are American then the tax deadline – remember April 15 – is looming !! As an American citizen your have to report your income from all sources domestic or foreign whether you live in the great U.S. of A. or abroad. The same basic rules apply regardless of your ... »

taxation in Colombia

Taxation – Personal/Corporate

Excerpt from an Overview of Colombia’s Financial System   Personal Taxation         For personal taxation you are considered a resident for tax purposes if you are present in the country for more than 183 days (cumulative) in a 365 day period. This means you will be taxed on your worldwide income. Taxes must be filed singly, not jointly. If you own property jointly, this will allow you to re... »