Andres Garcia Andi, Fenalco and the Consejo Gremial Nacional agree to suspend the discount of the industry and commerce tax, which by 2022 would be 100%. The Government would not look favorably on eliminating the special income tax rates for free zones and broadening the base of those responsible for the wealth tax. “The tax reform can … Read more
According to Article 336 of the ET, self-employed workers must choose between subtracting in their income tax return costs and expenses or 25% of exempt income. In no case both benefits may be taken together in the income tax return for the taxable year 2020. According to the new version of article 336 of the … Read more
Taxpayers who liquidate balances in favor in their returns may impute them in their private liquidation or request their compensation. Those interested in requesting the refund of a balance in favor or requesting a compensation must take into account certain deadlines. The request for refund of credit balances must be filed no later than two … Read more
Article 1.6.1.1.13.2.7 of DUT 1625 of 2016 indicates the requirements that determine when a natural person or illiquid succession is exempted from filing the income and supplementary tax return. Those who file voluntarily must take into account some aspects related to the return. As we have addressed in previous editorials, Article 1.6.1.1.13.2.7 of Decree 1625 … Read more
The Government seeks to collect some 15 trillion pesos from the expected revenue, which would be taxes on companies, austerity in spending, anti-evasion plan and sale of assets. On July 20, 2021, the National Government will submit the tax reform bill to the Congress of the Republic. However, as published by Portafolio newspaper, today, Tuesday, … Read more
On July 20, 2021 the Government filed before the Congress of the Republic the tax reform bill Social Investment. On July 20, 2021, the national government filed, with an urgent message, the tax reform bill 2.0 called Social Investment. The initiative presented before the Congress of the Republic seeks to raise 15.2 trillion pesos, benefiting … Read more
According to the electronic payroll implementation schedule, August 1, 2021 is the deadline for enabling the computer service. The enabling service has been available on the Dian platform since July 7, 2021. “On August 1st of the current year begins the deadline for those obliged to implement the electronic payroll to perform the authorization in … Read more
In the second week of August 2021, the debates in the economic commissions of the Senate and House of Representatives will begin so that the tax reform bill is approved by the end of the month. After the Minister of Finance, José Manuel Restrepo, filed the tax reform bill, a chronogram began to be designed … Read more
Article 850 of the ET establishes that taxpayers or responsible parties who liquidate balances in favor in their tax returns may request a refund. In this editorial we analyze the aspects to be taken into account in the case of VAT taxpayers. According to paragraph 1 of Article 850 of the Tax Statute -ET- and … Read more
The georeferencing system would establish the commercial value of real estate and would be used by notaries. The Dian would be empowered to register ex officio in the RUT any natural person who is subject to obligations administered by such entity. The tax reform bill presented by the national government presents proposals aimed at attacking … Read more
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