Ley 1422 de 2010 | Ley 1422 de 2010 — Colombia law | Esheria

Ley 1422 de 2010

This provision states that the law creates a general tax exemption for the organization of the Men's U-20 World Cup.

Jurisdiction
Colombia
Instrument
Act or statute
Citation
Ley 1422 de 2010
Version
Undated source snapshot
Language
es
Updated
Official source
View official record ↗
VAT refund benefits conditions and requirements benefits timing event logistics event organization import duties importation indemnification re-exportation tax exemption tax exemptions territorial taxation travel exemptions withholding tax

Statute overview

About this statute

This provision states that the law creates a general tax exemption for the organization of the Men's U-20 World Cup. For the 2020 U-20 Men’s FIFA World Cup, listed FIFA-related parties are exempt from national taxes and certain withholdings, and FIFA/subsidiaries can claim a full refund of national VAT, sales tax, or similar taxes on purchased goods and services. Este artículo concede exenciones fiscales nacionales para importaciones vinculadas al Campeonato Mundial Masculino Sub 20 y autoriza al Gobierno Nacional a fijar los procedimientos para facilitar la importación y reexportación de las mercancías necesarias. El equipaje de viajeros procedentes del exterior con tiquetes válidos para asistir al Campeonato Mundial Masculino Sub 20 queda exonerado del gravamen ad valórem mencionado en el Decreto-ley 1742 de 1991. The National Government may regulate the conditions and requirements for when the benefits in this law apply.

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