As of 23 September 2026, Posse Herrera Ruiz’s Legal Bulletin issued a comprehensive update covering recent developments in Colombian tax, customs, and foreign investment regulation. The bulletin summarizes new resolutions from the National Tax and Customs Directorate (DIAN), including amendments to VAT obligations for digital services provided by non-residents, updates to customs valuation methodologies aligned with WTO standards, and modifications to the foreign investment reporting regime (Form 900) under External Circular 003 of 2026. These changes aim to enhance tax base protection, facilitate trade compliance, and improve transparency in cross-border capital flows. The effective dates vary, with most provisions applicable immediately upon publication in the Official Gazette.
Key Takeaways
- VAT on Digital Services: Non-resident digital service providers exceeding the UVT threshold must now register for VAT, collect, and remit taxes monthly, with DIAN empowered to block non-compliant platforms.
- Customs Valuation Adjustments: New guidelines require importers to declare transaction values with greater documentation, including related-party pricing analyses, to prevent undervaluation and duty evasion.
- Foreign Investment Reporting: Simplified reporting for portfolio investments but expanded disclosure for direct investments, including beneficial ownership details, to combat tax evasion and money laundering.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement