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COVID 19 | Extension of deadlines in tax matters

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Extension for filing and payment of taxes in Bogotá D.C.

The local Tax Authority extended deadlines to pay industry and commerce tax, property tax and tax on vehicles.

As a consequence of health emergency in Colombia due to the spread of COVID-19 –Coronavirus –, the local government extended deadlines to pay the aforementioned taxes as follows

  1. Industry and Commerce Tax: Tax return and payment for the second and third bimester (March – April and May – June) until July 31, 2020.
  2. Property Tax – residential and non-residential properties:
    1. With a 10% discount: until June 5, 2020.
    2. Without discount: until June 26, 2020.
    3. Alternative Payment System for Voluntary Fees (SPAC): the initial tax return must be submitted before April 30, 2020.
      1. The payment term of the four (4) installments will be as follows:
        1. First installment: June 12, 2020
        2. Second installment: August 14, 2020
        3. Third installment: October 9, 2020
        4. Fourth installment: December 11, 2020
  3. Tax on vehicles:
    1. 10% discount: until July 3, 2020.
    2. Without discount: until July 24, 2020.