Foreign Investment in Colombia: What are the Tax Benefits?
Colombia has provided the following tax benefits to attract foreign investors.
The Finance and Insurance industry group comprises establishments primarily engaged in financial transactions (transactions involving the creation, liquidation, or change in ownership of financial assets) and/or in facilitating financial transactions. Three principal types of activities include: raising funds by taking deposits and/or issuing securities and, in the process, incurring liabilities; and pooling of risk by underwriting insurance and annuities; and providing specialized services facilitating or supporting financial intermediation, insurance, and employee benefit programs.
Industry code
FNS
Industry Code Full
FNS
Indemnity Caps
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This article examines how buyers and sellers are negotiating indemnity caps in private company M&A transactions, as shown in the American Bar Association’s (ABA) private target deal points studies.
After-Tax Indemnity Limitations
In merger and acquisition transactions, the definitive purchase agreement, whether asset purchase agreement, stock purchase agreement, or merger agreement, typically contains representations, warranties, and covenants, along with related indemnification obligations.
The Illegal Granting of Credit or the Dilemma of the Good Banker
In the course of 2021, the Supreme Court reached a significant milestone in the systematic elaboration and reconstruction of the liability of the Bank for abusive granting of credit.
Key Takeaways: 2021 ABA Private Target Mergers & Acquisitions Deal Points Study
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The ABA Private Target Mergers & Acquisitions Deal Points Study is published on a bi-annual basis. The 2021 Deal Points Study (the “Study”) analyzed 123 publicly available purchase agreements executed and closed in 2020 and the first quarter of 2021.
Book Presentation: "Composizione Assistita della Crisi"
Gianfranco Di Garbo and Maurizio Irrera of Interconsulting Milan, a member firm of Pragma, were speakers at a seminar organized by Centro Convegni Borgogna in Milan, in connection with the presentation of a book of Maurizio Irrera dealing with the new Corporate debtor insolvency code.
The Exemption of Publications of the DFs in the Official Gazettes and the Reduction of Costs for the Companies
The legislative effort to sophisticate and modernize the legal framework that supports corporate law, and ancillary provisions, accentuated during the pandemic reality experienced in 2022, has lasted for almost two years.
Legal Framework for Social Entrepreneurship of Republika Srpska
The goal of the Law is to use the potential of social entrepreneurship for sustainable economic and social growth and development of Republika Srpska.
The unexpected absolute victory and the confidence needed for foreign investment
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Contrary to all the predictions made, António Costa won the legislative elections in Portugal yesterday, renewing his term as Prime Minister of Portugal for another 4 years.
In 2015, António Costa surprised the political world by managing to become Prime Minister of Portugal, despite losing the elections and making political deals on the left.
In 2019, he saw his unofficial coalition strategy work and won the elections, being elected Prime Minister for another 4 years.
Italy, an Opportunity for Lawyers Working with the Public Administration in the Covid19 Era
In November 2021 the Italian Government adopted a plan (called PNRR) to cope with the economical downturn due to the Covid 19 infection and to make the best use of the “recovery” funds received by the EU.
Under the Plan, among many other measures, the Public Administration has been authorized to recruit quite a large number of employees, to be hired with contracts for a limited period of time (up to 36 months, subject to be extended in case of need) to assist in the implementation of the PNRR.