Colombia: Amended withholding tax and capital gains tax rates for certain income distributions


Clearstream Banking1 informs customers that effective

1 January 2019

and following adoption of the Tax Law 1943 by the Colombian government on 28 December 2018, the standard tax rates for certain Colombian income distributions have been amended as follows:

  • The withholding tax rate on dividend distributions, that are not taxed at corporate level, has increased from 5% to 7.5%;
  • The withholding tax rate on interest distributions, paid to beneficial owners that are not resident in a tax haven country, has decreased from 14% to 5%;
  • The capital gains tax rate, applied on profits derived from sale on debt instruments, has decreased from 14% to 5% for beneficial owners that are not resident in a tax haven country. 

Further information

For further information, customers may contact the Clearstream Banking Tax Help Desk, Clearstream Banking Client Services or their Relationship Officer.


1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.