Tax: obligations to keep in mind for this month

This month some of the tax obligations related to VAT and the special tax regime are due.

It is of vital importance to take into account the dates on which each of the following obligations take place, in order to avoid incurring penalties.

During March 2021 some of the deadlines for tax obligations related to VAT and the special tax regime -RTE- expire, as well as the new obligations of the implementation of the electronic payroll payment support document for certain responsible parties. Let’s see:

Report of sales made on the third day without VAT.

Until March 1, 2021, those responsible for VAT who participated in the third day of exempt sales, held on November 21, 2020, will have until March 1, 2021, to submit the report of sales made in the format 2669 v. 2, enabled by the Dian for such purpose.

It is important to highlight that, on January 29, 2021, the Dian announced that the new prevalidator for the preparation of the aforementioned format is already available for download, which may be found in the prevalidators section of the entity’s web portal.

Declaration and payment of bimonthly VAT and INC returns

“those responsible for VAT and national consumption tax -INC-, obliged to file such returns on a bimonthly basis, shall comply with such responsibility between March 9 and March 23, 2021.”

According to articles 1.6.1.1.13.2.30 and 1.6.1.13.2.32 of Decree 1625 of 2016, as amended by Decree 1680 of 2020, those liable for VAT and national consumption tax -INC-, obliged to file such returns on a bimonthly basis, shall comply with such responsibility between March 9 and March 23, 2021, according to the last digit of the NIT registered in the RUT, using form 300 or 310 as the case may be.

VAT taxpayers for the rendering of financial services and air transport companies

Those responsible for VAT for the provision of financial services and regular air transport companies, which in 2013 were authorized the special term indicated in paragraph 1 of article 23 of Decree 2634 of 2012, must file the bimonthly VAT return and cancel the corresponding value no later than March 25, 2021.

Service providers from abroad

For service providers from abroad, the deadline to file the bimonthly VAT return and cancel the amount to be paid is until March 16, 2021, regardless of the last digit of the NIT.

Updating of the web registration in the RTE and presentation of the economic report

Taxpayers of the special tax regime and cooperatives must update the web registry referred to in Article 364-5 of the Tax Statute -ET- by March 31, 2021 at the latest.

This same term is also contemplated for the submission of the economic report referred to in article 356-3 of the ET, which must be submitted by those taxpayers of the RTE and cooperatives that have obtained in the taxable year 2020 income in excess of 160,000 UVT ($5,697,120,000 in 2020).

Withholding certificates for the taxable year 2020

In accordance with article 1.6.1.1.13.2.40 of Decree 1625 of 2016, as amended by Decree 1680 of 2020, income tax withholding agents and those of the tax on financial movements -GMF- shall issue, no later than March 31, 2021, the certificates of income and withholdings for payments originated in the labor relationship (form 220, prescribed by Resolution 000017 of 2020), as well as the certificates of withholdings at source for concepts other than labor payments(article 381 of the ET) and of the GMF.

It should be noted that, in the case of self-withholders, the certificate must contain the express statement on the date of the declaration and payment of the respective withholding.

Source: Actualize