Resumen de Colombia: : New tax rules on private equity distributions

• The article reports on the regulations enacted by the Colombian government in 2013 to simplify legal framework for private equity and venture capital (PE/VC). Topics include introduction of a new investment funds category for real estate assets and the issuance of Decree 1848 of 2013 that changes tax withholding rules for PE/VC funds distribution. It also notes the government's effort to modify Decree 1848 to exempt PE/VC funds from withholding tax.