On this day, March 7, 2016, by means of Decree 390 the national government issued the New Colombian Custom Statute.

Through this bulletin, we share with you the main regulations and authority rulings and opinions that were recently issued in relation to customs law, foreign exchange law, and foreign trade law matters.

The Constitutional Court held that the 25% labor income exemption established by Article 206 (10) also applies to the computation of the income tax under the alternate, so-called IMAN and IMAS methods.