DIAN REVENUE RULING
Tax obligations of foreign investors that qualify as Colombian tax residents
The Colombian Tax Authority addressed the obligations that the foreign investors considered as Colombian residents, must comply with when transferring a Colombian investment to a third party
In its Revenue Ruling No. 000179 of February 20th 2018, the Tax Authority stated that foreign persons with investments in Colombia, that qualify as residents for Colombian tax purposes, shall not be considered as foreign investors for tax purposes.
These investors are considered as local investors for tax purposes, and are not obliged to comply with the obligation established in article 326 of the Colombia Tax Code, but must file annually the income tax return including both national and worldwide income.