When the taxpayer does not file his return within the deadlines stipulated by the Government, it is advisable to do so before the Dian issues the summons for not filing, otherwise the penalty will be doubled; the tax reform introduced the possibility of reducing certain penalties. Let us answer the following question: When a person … Read more
Taxpayers who did not file income tax returns may still do so. These persons must pay a penalty for untimeliness corresponding to 5% of the tax per month or fraction of month and liquidate the corresponding interest. Last October 19 was the deadline for individuals to file income tax returns with the Dian, however, the … Read more
In addition to the tax penalties of Article 651 of the ET, those responsible for the reporting of exogenous information may incur in the penalty for passive evasion of Article 658-2 of the ET. The principle of favorability set forth in article 640 of the ET is not applicable to this penalty. Another penalty that … Read more
In the second week of August 2021, the debates in the economic commissions of the Senate and House of Representatives will begin so that the tax reform bill is approved by the end of the month. After the Minister of Finance, José Manuel Restrepo, filed the tax reform bill, a chronogram began to be designed … Read more
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