Multibilingualism

What is the typical range of corporate income tax rate in Colombia?

• Between 20% and 25%

• Between 32% and 37%

• Between 40% and 45%

• Between 15% and 20%

What is the typical range of the industry and commerce tax (ICA) rate in Colombia?

• Between 1% and 2%

• Between 0.5% and 1%

• Between 0.2% and 1.2%

• Between 2% and 3%

Is the ISIC code used by the chamber of commerce to classify the economic activities of companies in Colombia?

• False

• True

The ISIC code was developed by the United Nations and adapted for Colombia by:

• DANE

• Chamber of Commerce

• DIAN

• None of the above

To whom does the exclusive obligation of the responsabilities of the RUT correspond?

• Notaries

• Registrars

Where should the attributes od the RUT be registred in Colombia?

• Registries

• Mayors

• Banks

• DIAN

The abbreviation ISIC means International Standard Classification

• False

• True

Are NIIF more specific than the Colombian Accounting Standards Rules?

• False

• True

Are the Colombian Accounting Standards Rules based on the NIIF?

• False

• True