The Dian formalized the postponement of the deadlines for the filing of the exogenous information for the taxable year 2017; the new deadlines will go from May 22 to June 20. In addition, it will not be signed when putting the files in the inbox but at the end of the filing. On Thursday, May … Read more
The general director of the Dian, José Romero, published on March 7, 2019 a draft resolution announcing 7 last minute modifications regarding the exogenous information for the taxable year 2018, the delivery of which will start to be due on April 23, 2019. Following the same custom of the previous directors of the Dian (which … Read more
By means of Resolution 000016 of March 7, 2019, form 110 was prescribed for returns for the taxable year 2018 and fraction of 2019. In addition, form 210 was prescribed for the taxable year 2018 and will not be applicable for part of 2019. Below, we describe its novelties. “The Dian complied with the timely … Read more
Although Resolution 000060 of 2017 was modified by Resolution 000045 of 2018, the deadlines for submitting the exogenous information for the taxable year 2018 remain the same, between April and June 2019 the obligated parties must submit this report. In this editorial we expose the deadlines in detail. The exogenous information for the taxable year … Read more
Regarding the assumption of the reporting of exogenous information as a formal tax obligation, the Dian has the power to impose penalties for not sending the same up to three years after the expiration of the deadline for its submission, in accordance with the provisions of article 638 of the ET. Next we will provide … Read more
Article 295-2 of the ET, modified with Article 37 of Law 1943 of 2018, mentions the values of the assets that may be subtracted in the calculation of the taxable base of the wealth tax from 2019 to 2021. However, shares or quotas in domestic companies may not be subtracted. Articles 35 to 41 of … Read more
Tax discounts correspond to those amounts that can be subtracted from the amount assessed as income tax. It is considered that a tax discount is better than an exempt income or an income that does not constitute income or occasional gain because it directly affects the tax payable. “Tax discounts are a mechanism used by … Read more
By means of Decree 2442 of 2018, the Ministry of Finance established the tax calendar for 2019. The new version of article 1.6.1.1.13.2.15 that this decree introduces in DUT 1625 of 2016 contains the deadlines for filing the income tax return of natural persons. We must remember that Law 1819 of 2016, for the taxable … Read more
With the entry into force of Law 1943 of 2018, the cédulas used in the tax returns of individuals were modified, but such change will only apply for the taxable year 2019. Below, we point out the cédulas to be used in the income tax return for the taxable year 2018. As from the tax … Read more
Individuals and illiquid successions will be obliged to file the income tax return for the taxable year 2018, within the deadlines established by the National Government, as long as they comply with the requirements presented below. As we have already mentioned in previous editorials, for the taxable year 2018 natural persons and illiquid successions must … Read more
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