Digital RUT: Learn about the project that seeks its formalization.

Taxpayers will be able to virtually update their basic data and economic activity in the RUT. Likewise, through the crossing of information the Dian will be able to determine whether or not this is responsible for VAT; an advantage, since people would not have to perform the procedure at the points of contact.

On April 22, 2019, Lisandro Junco, director of revenue of the Dian told the media that the entity has a draft resolution with which it seeks to give citizens the opportunity to update basic data and economic activity, virtually in the single tax registry -RUT-. With the above, a greater number of businesses could be formalized, which would translate into more tax collection.

“The collection goal for 2019 is 157 billion pesos, which means 11.3% growth. The objective through this determination is to provide taxpayers with a more agile service, in which they can update their data, their economic activity, change of notification address or email, which they will be able to do through the Dian’s website,” said Junco.

In addition, he added that the Dian will be able to determine, through cross-checks of information, whether the taxpayer is liable or not for sales tax.

“This means that if I was previously in the simplified regime, the Financing Law extinguishes the simplified regime. Then, one comes to know if he/she is liable or not for VAT. The Dian will be able, informally and massively, to declare whether you are liable or not for such tax. This is an advantage for taxpayers, because they will save the paperwork at the contact points”, explained Junco.

“The Dian is also working on the digital RUT so that those who wish to formalize their businesses or companies can do so through the entity’s page.”

The Dian is also working on the digital RUT for those who wish to formalize their businesses or companies to do so through the entity’s page. “It is very easy; it is practically like opening an email, where we are going to give you some questions and answers, say what economic activity you have and in a few minutes you can already have the RUT, avoiding trips to contact points,” he explained.

Natural and legal persons who already have their RUT and do not need to modify any data will not have to do anything new. This means that the RUT they currently have will continue to be valid and will be used for all the procedures that a person requires in the country.

Non-Profit Entities and RUT

The Financing Law 1943 of 2019, in its article 62, introduced amendments to article 364-3 of the Tax Statute regarding the situations in which non-profit entities -Esal- lose the benefits granted by belonging to the special tax regime. One of the cases takes place when they do not comply with the provisions contained in articles 356 and 364-6 of the ET, such as the updating of the RUT.

As a control measure against evasion, the Dian established effective deadlines in March, so that this year the Esal made the required registration through the entity’s website, and thus continue to belong to the special tax regime.

In October 2018, and taking into account the instructions given through the 2016 tax reform, the Dian purged the Esal. Up to that date, of the 170,000 that existed, only 25,000 remained, which complied with all the requirements. On the other hand, 100,000 voluntarily expressed their wish to be excluded.

It should be recalled that the RUT applies to all citizens who carry out business activities in the country. In addition, the first sanctioning measure for any commercial establishment that does not have this document is its closure.

Source: Actualícese