ASSETS ADJUSTMENT 2024-2025
Starting from the 2024 tax year, taxpayers can adjust the cost of their fixed assets by 10.97%, according to Article 70 of the Colombian Tax Code.
tax in colombia, tax residency, legal setup, accounting
Starting from the 2024 tax year, taxpayers can adjust the cost of their fixed assets by 10.97%, according to Article 70 of the Colombian Tax Code.
If you own real estate in Colombia, it’s important to understand the changes to the property tax assessment (avalúo catastral) for 2025.
If you own a Simplified Stock Company (SAS) in Colombia or plan to establish one in 2025, it is crucial to understand the taxes in Colombia and accounting obligations you must comply with to avoid penalties and operate smoothly.
Withholding tax (retención en la fuente) is an advance tax collection mechanism used in Colombia to ensure compliance with taxes in Colombia
If you own a Simplified Stock Company (SAS) in Colombia or plan to establish one in 2025, it is crucial to understand the taxes in Colombia and accounting obligations you must comply with to avoid penalties and operate smoothly.
Tax planning is a key strategy for individuals and businesses doing taxes in Colombia and who want to optimize their tax burden, comply with current regulations, and avoid penalties.
Despite reforms regarding taxes in Colombia aimed at reducing the impact of the 4×1000 tax, this levy remains in effect for many financial transactions in 2025.
En los últimos días, muchos contribuyentes han reportado dificultades al intentar presentar sus declaraciones de impuestos a través de la plataforma de la Dirección de Impuestos y Aduanas Nacionales (DIAN).
So, the question is: do you have to pay taxes as a foreigner in Colombia? How do you know for sure if you apply as a tax resident in Colombia? And if so, are you eligible to declare taxes in the country?
Here we explain it plain and simple.