Advancement in Availability Funds and Indirect Payments in Favor of Employees

Tax attorney Juan Pablo Díaz published a column in Asuntos Legales analyzing a recent ruling from Colombia's State Court that addressed the use of Availability Funds for workers for certain expenses. In particular, the court examined the use of said funds for sales expenses unrelated to business activity and the transfer of premium funds that could generate returns to be liquidated or negotiated. The author explains the court's conclusions on this matter and their relevance under the country's Tax Reform.

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