On this occasion we highlight what associations, corporations and foundations that as of December 2016 belonged to such regime and those that until taxable year 2016 were non-taxpayers of income tax and ended up becoming taxpayers of this tax must take into account. The aspects related to the special tax regime -RTE- were among those … Read more
Analysts affirm that the measure is a step to reduce cash in the economy, it would facilitate commercial transactions among the different economic agents, and the Banco de la República would assume the cost of production of the new denominations of coins and banknotes. The project to eliminate the three zeros from banknotes in Colombia … Read more
With the publication, by the Dian, of a draft resolution, several adjustments are announced to Resolution 000068 of 2016, with which the information for the taxable year 2017 was requested, and thus adapt it to the changes introduced with Law 1819 of December 2016. The Dian published on March 5, 2018 a draft resolution, announcing … Read more
Resolution 000068 of 2016, through which the request for exogenous tax information for the taxable year 2017 was made, has been modified four times, the last one, to extend the deadlines for reporting: some formats may be delivered until June 29, 2018. Resolution 000068, by which the reporting of exogenous tax information for the taxable … Read more
In the next five years the Dian will be adding to the digital transformation documents such as the remittance note, accounting books, payrolls, receipts and remittance vouchers. In two years Colombia will have fully implemented electronic invoicing. Although the obligation will begin to operate in Colombia on January 1, 2019 and by September of this … Read more
Through Circular 201-000004 of November 10, 2017, the SuperSociedades set the deadlines and conditions under which Group 1 and 2 companies must send it their basic financial statements for 2017; the XBRL EXPRESS software will continue to be used for this process. Last November 10, 2017, the Superintendence of Companies issued the single Circular number … Read more
The CTCP issues Concept 917 of 2017 addressing issues such as the obligation to keep accounting by individuals and legal entities, also if the obligation to invoice, their level of income or the regime to which they belong have any relation with such obligation. Through Concept 917 of 2017 the CTCP resolved some concerns about … Read more
The Ministry of Finance issued Decree 1951 of November 28, 2017 to set the 2018 tax calendar. However, there are at least 3 articles of said decree that have problems of outdatedness for not taking into account all the changes introduced with Law 1819 of 2016. Last November 28, 2017, the Ministry of Finance issued … Read more
For taxpayers responsible for the simplified regime of the INC, as well as for those who plan to avail themselves of the regulated mechanism of works for taxes, the 2018 tax calendar presents some points to take into account, and with these, also some shortcomings to highlight. With Decree 1951 of November 28, 2017, the … Read more
According to what is indicated in articles 592 and 594-3 of the Tax Statute -ET-, in conjunction with the provisions of article 1.6.1.1.13.2.7 of DUT 1625 of 2016, after being replaced with Decree 2487 of December 16, 2022, individuals and/or illiquid successions (resident or non-resident) may be exempted from filing their income tax return for … Read more
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