Colombia

On 20 October 2026, the DIAN reported the results of a intensive tax control operation conducted during the “BogotáEats a Cielo Abierto 2026” gastronomic festival, held on 18–19 October. The operation, executed by the Bogotá Regional Directorate under the “Plan de Choque contra la Evasión” (Anti-Evasion Shock Plan), verified the electronic invoicing compliance and revenue

On 19 October 2026, DIAN released Concept 016547 dated 21 September 2026, addressing the determination of taxable income under the equity comparison method. The ruling states that only income tax and complementary taxes effectively paid during the taxable year under comparison may be deducted from the equity variation. Accrued but unpaid tax liabilities do not

On 19 October 2026, Colombia’s National Tax and Customs Directorate (DIAN) published a draft resolution proposing amendments to Title 3 of Resolution 000227 of 23 September 2025, the Single Resolution on Tax, Customs, and Exchange Matters. The proposal adds new sections and articles to update regulatory provisions governing tax administration, customs procedures, and foreign exchange

On 19 October 2026, DIAN launched Press Release No. 132 announcing a virtual public auction of jewelry, precious stones, and luxury watches seized through customs enforcement operations. The auction, conducted via DIAN’s official electronic platform, aims to liquidate assets from unresolved customs violations and smuggling cases. Proceeds will be allocated to the national treasury in

On 16 October 2026, DIAN issued Concept 015660 dated 7 September 2026, clarifying that a natural person who transitions from being a VAT responsible taxpayer to a non-responsible status is not required to reverse, adjust, or repay input tax credits validly claimed while holding responsible status. The ruling provides certainty for taxpayers whose taxable sales

On 16 October 2026, Bill 250/2026C was formally introduced before the Chamber of Representatives, proposing a structural reform to Colombia’s Financial Transaction Tax (GMF), commonly known as the 4×1.000 levy. The initiative outlines a progressive reduction schedule culminating in the tax’s full repeal by 2030, marking the most ambitious legislative attempt to eliminate the controversial

On 16 October 2026, the Financial Superintendence of Colombia (Superfinanciera) released a technical document establishing a standardized methodology for calculating monthly risk-free yield curves in Colombian pesos and Real Value Units (UVR), alongside a vector of implicit inflation rates. These curves and vectors are designated as the official benchmarks for discounting future cash flows in

On 15 October 2026, DIAN released Concept 016345 confirming that profits of Colombian source transferred by a local branch to its foreign head office are subject to Colombian income tax. The ruling clarifies that such remittances cannot benefit from the exemption for dividends distributed to non-residents under certain tax treaties, as branch profits are not

On 15 October 2026, the Council of State (Consejo de Estado) rendered Sentence 28581 of 2026, dismissing nullity challenges against Decree 1601 of 2022 and affirming the validity of the presumed cost percentage system for determining the net income reference used to calculate the contribution base for independent workers’ social security obligations. The high court

On 15 October 2026, the DIAN released Concept 0510-2026 addressing the importer’s obligation to verify the identity and legitimacy of the manufacturer of imported goods, as mandated by Article 434 of Decree 1165 of 2019 (Customs Regime) and the recent WTO Trade Facilitation Agreement commitments. The concept establishes a due-diligence framework that shifts significant compliance