What is withholding at source and to whom does it apply in 2023? – Sectors – Economy
With the beginning of 2023, the deadlines that Colombians and companies must take into account to comply with their tax obligations throughout the year are also guaranteed.One of them has to do with withholding at source, which is not a tax but an advance collection of a specific tax. which may well be the income, sales or industry and commerce tax.(Also read: Take note: these are the deadlines to declare and pay taxes in 2023) Many people should keep in mind that, on certain occasions, when they receive an income or fee for a good or service, deduct a percentage…