PRESS RELEASE LAW 2010 OF 2019
Termination by Mutual Agreement - UGPP
Circular 14/01/2020
Last December 27, Law 2010 of 2019 was published which seeks the same objectives that drove Law 1943 of 2018, declared unconstitutional due to formal defects.
As enshrined in the previous one, this new law brought with it the same tax benefits with respect to the termination by mutual agreement of administrative, customs and exchange processes, benefits that, with respect to the obligations with the UGPP, may include up to the exoneration of the payment of 80% of the interests of the subsystems different from the pension subsystem and the exoneration of 80% of the penalties for omission and inaccuracy.
Those who have administrative processes of determination of obligations and/or penalties and conciliation of processes under discussion in judicial proceedings advanced by this entity and have been notified before the entry into force of this law, special requirement, official liquidation and/or resolution of appeals for reconsideration, may submit the request to avail themselves of these benefits until June 30, 2020.
By means of this communication we invite our clients to review the convenience, according to the specific case, of availing themselves of this benefit and to consider the deadline for filing the application and the other receipts and payments required to access this benefit.
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