The Dian released the draft resolution through which it seeks to prescribe and enable forms 110, 210 and 310 for compliance with tax obligations of taxpayers for 2019. On February 22, 2019 the Dian released the draft resolution by which it seeks to prescribe and enable some forms for the compliance of tax obligations to … Read more
On April 9, the deadlines for large taxpayers and other legal entities responsible for income tax and complementary taxes to file the annual declaration of assets held abroad as of January 1 of that year began. The annual declaration of assets held abroad, created through articles 42 and 43 of Law 1739 of 2014, and … Read more
Through Decree 608 of April 8, 2019, the Ministry of Finance established the deadlines to make the declaration and payment of the wealth tax and the complementary tax normalization tax, created through Articles 35 and 42 of the Financing Law 1943 of 2018. As we have already mentioned in previous editorials, the Government, based on … Read more
With the entry into force of the Financing Law 1943 of 2018, tax benefits were established to which companies created as of January 1, 2019 will be able to access, as is the case of orange economy companies and development of the Colombian countryside. Next, we will answer the following question: Did the Financing Law … Read more
Resolution 000024 of April 9, 2019, with which adjustments were introduced to the exogenous information for the taxable year 2018, was included in the official gazette of April 16, 2019, which only circulated on the internet on April 23. The most important adjustment affects the preparation of formats 1001 and 2276. After having announced it … Read more
The new regime is optional, but the Dian may include taxpayers who have not complied with their tax obligations with districts, municipalities and the Nation. Those who opt for this will have, among other benefits, the integration of up to 6 taxes in a single annual return. On May 20, 2019, the Dian and the … Read more
José Andrés Romero, director of the Dian states that the simple taxation regime paves the way for a paperless route that will boost formalization, easing the tax burden on entrepreneurs, and strengthening the country’s economic development. In simple terms we explain. On May 20, 2019, the Dian and the Bogota Chamber of Commerce held the … Read more
Tax regulations allow VAT generated on sales that are later cancelled, rescinded or terminated by the customer to be deducted from the total balance due for this tax. For accounting purposes, an account can be created to control this value, which will then be transferred to the form. Next, we will answer the following question: … Read more
Decree 957 of June 5, 2019 establishes new criteria to classify micro and small companies, which affect the process of requesting authorization for invoicing numbering and the use of the free electronic invoicing software offered by the Dian. After having announced it through several draft decrees published since late 2016, the Ministry of Commerce, Industry … 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
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