30 August 2001

Superintendency Of Ports And Transportation Establishes The Rate To Be Paid As Surveillance Fees For Year 2001

Colombia Transport
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By means of Resolution No. 0408 of April 05 the Superintendency of Ports and Transportation established the rate, for the year 2001, that by concept of surveillance fees must be paid by (i) port corporations (ii) port operators, (iii) jetties, and (iv) holders of authorizations obtained before the issuance of Law 1 of 1991.

The rate was fixed at 1.5% over the gross income of the immediate previous year and the payment must be made in a sole payment before the last working day in June.

Additionally, by means of Resolution 0457 of April 18, 2001 the Superintendency of Ports and Transportation established the auto - liquidation procedure applicable to the payment of the above-mentioned surveillance fees.

The document that specifies the auto - liquidation procedure will be designed and supplied to the entities subject to surveillance by the above-mentioned Superintendency.

This report was prepared and is copyrighted in 2001 by PARRA, RODRÍGUEZ & CAVELIER, a law firm with offices in Bogotá, Colombia. The general information herein contained does not constitute legal advice. Transcriptions and quotes are permitted citing the source.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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