X

Legal Bulletin

taxbulletin

CHANGES IN THE TAX-ID

New amendment to the Tax-ID (RUT) for those taxpayers required to keep accounting books

The RUT must be amended to include “Tax Responsibility No. 42- Required to keep accounting books”, and for identifying the accounting group to which the taxpayer belongs

RULING OF THE CONSTITUTIONAL COURT

Constitutional Court accepts claim against the possibility of detracting exempt labor income from the IMAN and IMAS income tax systems for individuals, on the merits of its fiscal impact

The Government requested that the effects of Ruling C-492 of 2015 were postponed for one year, given the imminence of a new tax reform

DIAN REVENUE RULING

Procedure for claiming the annulment of administrative proceedings

DIAN referred to the possibility for the tax official to declare ex officio the annulment of the tax procedure

DIAN REVENUE RULING

Electronic invoices are equivalent to traditional sales invoices

Electronic invoicing is currently being tried as a pilot program by some entities selected by DIAN, but in the future its use will be mandatory

DIAN REVENUE RULING

Taxpayers must file an income tax return to claim a tax refund even if they aren’t otherwise required to file the return

The Colombian Tax Authority— DIAN— referred to the case of individuals who do not meet the income tax filing requirements, but choose voluntarily to do so

DIAN REVENUE RULING

Computing the alternative minimum income tax in the first tax year after a merger

To determine the alternative income of the resulting entity after the merger, the taxpayer must use as a tax basis the equity of the participating entities before the merger

DIAN DRAFT RESOLUTION

Procedure for filing transfer pricing documentation

On May the 20th of 2016, DIAN introduced a draft of the resolution that sets the procedure for submitting supporting documentation under the Transfer Pricing Regime for tax years 2015 and 2016

DIAN DRAFT RESOLUTION

Procedure for filing of the Informative Return of the Transfer Pricing Regime

DIAN introduced a draft of the resolution that sets the procedure for the filing of Informative Return— Form 120—, under Transfer Pricing Regime for the tax years 2015 and 2016

DIAN REVENUE RULING

Tax loss and excess minimum alternative tax base carryforward for CREE tax purposes

Tax losses generated on tax years 2013 and 2014, may be carried to tax year 2016

DIAN REVENUE RULING

Withholding tax rate for Migrant Workers under ILO Convention

DIAN reiterates the withholding tax rate that is applicable to Migrant Workers

DIAN RESOLUTION

DIAN issues regulation of the New Customs Statute (Decree 390 of March 7th 2016)

This regulation must be taken into account by all customs users, since with it some articles of the New Customs Statute, which were pending their regulation, will come into force

DIAN REVENUE RULING

The reference made to “180 days” for the entering into force of the New Customs Statute refers to working days

Terms of time that are statutorily provided do not include holidays as long as this fact is not expressly provided in the law