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Decree 535 of 2020: Refunds of income tax and VAT credit balances

In the midst of the economic slowdown generated by COVID-19, it was established that applicants that are not qualified as high risk will be refunded in only 15 days. The Dian continues without prescribing the forms 210 and the one corresponding to the annual SIMPLE return. On April 10, 2020, the National Government, under the … Read more

VAT credit balances and refunds

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