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Special regime entities: deduction of expenses for any type of national or territorial taxation

Entities under the special regime may deduct expenses for any type of national or territorial tax, in accordance with article 1.2.1.1.5.1.21 of DUT 1625 of 2016, after being modified with Decree 2150 of 2017 and ratified by the answer to question 4.47 of Unified Concept 481 of 2018. Non-profit foundations, corporations and associations, as well … Read more

New developments in the National Development Plan 2018-2022

With the signing of the National Development Plan 2018-2022 by President Iván Duque, the Government’s roadmap for the four-year term came into effect, which establishes investments for 1,096 trillion pesos. What is new? With the signing of the National Development Plan 2018 – 2022, the national government establishes a total of 1,096 trillion pesos in … Read more

Personal income tax: Changes according to the national development plan

With the entry into force of the National Development Plan 2018 – 2022 contained in Law 1955 of May 25, 2019, some of the rules of the Tax Statute related to the income tax for natural persons were modified, whose changes will be in force as from the taxable year 2019. Next, we will provide … Read more