Dian: Decisions following the second state of emergency declaration

Companies will have extension to pay income tax; SMEs will be able to pay it in December.

Since April 13, 2020, Dian has returned to companies 50,000 million pesos for income and VAT.

The State stopped receiving two trillion pesos, and it is estimated that 15 trillion pesos will not come in.

José Andrés Romero, director of the Dian, referred on May 7, 2020, during the daily television special Prevención y Acción, about the actions the entity is working on as a result of the declaration of the second economic, social and ecological emergency, through Decree 637 of May 6, 2020.

Companies will pay their income tax between November and December

Romero explained the extension of the deadlines for companies to pay their income tax by the end of this year. He assured that the COVID-19 has generated a great impact on the cash in micro, small and medium companies, so the extension of deadlines for the payment of income tax by legal entities is a measure that seeks to give relief to entrepreneurs.

“What we have decided to do is to establish that the quota for those companies for the month of June will not be paid in June but in November and December, according to the calendar,” Romero said.

“The SMEs are going to be able to pay the income tax until December so that they have a cash breathing space and can comply. Different will happen with the rest of the companies, which will be able to count on payment agreements,” he explained.

Dian has already returned 50,000 million pesos to companies for income and VAT.

“Romero reminded that companies that have balances in favor can claim them”.

Romero reminded that companies that have balances in favor can claim them. In this regard, he said that an abbreviated procedure was established with which both legal and natural persons are assured the refund in 15 days.

It should be recalled that the national government published Decree 535 of April 10, 2020, through which it regulates the automatic return of balances in favor in income and VAT, within a term of 15 days, from the presentation of the request, and while the economic, social and health emergency originated by COVID-19 persists. He stated that since April 13 until the end of the previous month, 50,000 million pesos had already been returned for income and VAT.

“We expect to return until May 31, which is the time that the sanitary emergency lasts, for now, 3.9 billion pesos. This is a way of responding as an authority as a government to Colombians who have this balance in favor,” he said.

Exogenous information for large taxpayers postponed

Through Resolution 000046 of May 7, 2020, the Dian modified the deadlines established in Article 45 of Resolution 011004 of October 29, 2018 for filing tax information for taxable year 2019 by large taxpayers. These are the new deadlines:

However, it is necessary to consider that, for the case of other legal entities and individuals, not qualified as large taxpayers, the deadlines will continue to be those indicated in the second paragraph of article 45 of Resolution 011004 of 2018 which was modified by Resolution 000027 of 2020. Therefore, these responsible parties must deliver the exogenous information report corresponding to taxable year 2019 no later than between June 1 and July 1, 2020 according to the last two digits of the NIT registered in the RUT.

State would not receive 15 billion pesos from tax collection

Romero pointed out that, as expected, there has been a strong impact in terms of collection during the month of April. The State stopped receiving two billion pesos, and it is estimated that during the whole year 15 billion pesos will not come in.

“The important thing is that the economy can be reactivated quickly so that this collection, which is aimed at social programs and to address the health and needs of the most vulnerable, can quickly return to the coffers of the Nation,” he commented.

Source: Actualícese