Skip to Main Content

David Rosenbloom Talks to Tax Notes on Colombia's Tax System

March 19, 2021, Tax Notes

A commission of experts says Colombia’s tax system is “excessively complex” and “out of step with international standards,” and needs to be reformed to restore efficiency and equity and raise more revenue.

The commission presented its findings and recommendations during a March 18 webcast hosted by the National Directorate of Taxes and Customs (DIAN). OECD Senior Tax Economist Bert Brys said tax expenditures introduced over the years to address the country’s structural economic deficiencies have largely failed.

. . .

“The system requires and demands a form of shock therapy,” said commission Member David Rosenbloom of Caplin & Drysdale, who is also head of the international tax program at New York University. “This is not going to be something that is achieved in a short period of time; this is something that is going to take years.”

For the full article, please visit Tax Noteswebsite (subscription required).


About Caplin & Drysdale
Celebrating our 55th Anniversary in 2019, Caplin & Drysdale continues to be a leading provider of legal services to corporations, individuals, and nonprofits throughout the United States and around the world. We are also privileged to serve as legal advisors to accounting firms, financial institutions, law firms, and other professional services organizations.

The firm's reputation over the years has earned us the trust and respect of clients, industry peers, and government agencies. Moreover, clients rely on our broad knowledge of the law and our keen insights into their business concerns and personal interests. Our lawyers' strong tactical and problem-solving skills -- combined with substantial experience handling a variety of complex, high stakes, matters in a boutique environment -- make us one the nation's most distinctive law firms.

With offices in New York City and Washington, D.C., Caplin & Drysdale's core practice areas include:
For more information, please visit us at
Washington, DC Office:
One Thomas Circle NW
Suite 1100
Washington, DC 20005
New York, NY Office:
295 Madison Avenue
12th Floor
New York, NY 10017


This communication does not provide legal advice, nor does it create an attorney-client relationship with you or any other reader. If you require legal guidance in any specific situation, you should engage a qualified lawyer for that purpose. Prior results do not guarantee a similar outcome.

Attorney Advertising
It is possible that under the laws, rules, or regulations of certain jurisdictions, this may be construed as an advertisement or solicitation.
©2021 Caplin & Drysdale, Chartered
All Rights Reserved.

Related Professionals

Related Practice Area(s)