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Financial Statements 2017: delivery information for SuperSociedades.

Through Circular 201-000004 of November 10, 2017, the SuperSociedades set the deadlines and conditions under which Group 1 and 2 companies must send it their basic financial statements for 2017; the XBRL EXPRESS software will continue to be used for this process. Last November 10, 2017, the Superintendence of Companies issued the single Circular number … Read more

Individuals and Legal Entities: The obligation to keep accounting records

The CTCP issues Concept 917 of 2017 addressing issues such as the obligation to keep accounting by individuals and legal entities, also if the obligation to invoice, their level of income or the regime to which they belong have any relation with such obligation. Through Concept 917 of 2017 the CTCP resolved some concerns about … Read more

2018 Tax Calendar: The changes and the glitches.

The Ministry of Finance issued Decree 1951 of November 28, 2017 to set the 2018 tax calendar. However, there are at least 3 articles of said decree that have problems of outdatedness for not taking into account all the changes introduced with Law 1819 of 2016. Last November 28, 2017, the Ministry of Finance issued … Read more