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Legal Bulletin

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DIAN REVENUE RULING

Invoicing in foreing currencies

The Colombian Tax Authority stated that it is possible to issue invoices in currencies different than Colombian Pesos

DIAN REVENUE RULING

Tax obligations of foreign companies engaged in brokerage activities in Colombia

The foreign company should file and pay VAT in Colombia

DIAN REVENUE RULING

GMF tax in transactions made through the system of secure online payments (SOP)

Online payments made using the SOP system, are taxed with GMF

DIAN REVENUE RULING

A transaction can be re-characterized by the Tax Authority if the taxpayer uses it only for the purpose of circumventing the application of a different legal provision

Revenue Ruling answering twenty questions raised by the taxpayer

CASE LAW OF THE SUPREME COURT ON ADMINISTRATIVE MATTERS

Default interests in favor of the taxpayer in tax refund processes

Difference between default interests and penalty interests in favor of the taxpayer

DIAN REVENUE RULING

Tax effects of in-kind contributions

It is necessary to include in the legal act through which the contribution is made, the referral to Section 319 of the Colombian Tax Code

CASE LAW OF THE SUPREME COURT ON ADMINISTRATIVE MATTERS

Penalty for claiming inexistent tax refunds

For the application of the penalty, a prior notification of the official assessment is mandatory

DIAN REVENUE RULING

The parent company and the branch are a single legal entity

DIAN discusses the possibility to recognize as a customs user, a branch of a foreign company