The filing dates of the Formal Transfer Pricing Duties for the year 2024 are unified
The Ministry of Finance and Public Credit issued Decree 2229 of 2023 where the schedules to comply with the tax obligations as of 2024 and following years are established. Regarding the due dates of the Formal Transfer Pricing Duties, the main change is that the Master Report must be filed on the same day as the Informative Declaration, the Country-by-Country Report Notification and the Local Report, in accordance with Article 1.6.1.1.13.2.29.
Thus, it is essential that companies inform, plan and coordinate the sending of the required information with their Head Office or the Designated Entity, in order to comply in a timely manner with the filing in Colombia to avoid incurring penalties for untimeliness or non-filing, established by the Colombian Tax Authority.
The following are the filing dates of such documents, taking into account the last digit of the Taxpayer Identification Number - NIT of the declarant that appears in the Sole Taxpayer Registry - RUT, excluding the verification digit:
If the last digit of the NIT is | Deadline |
1 | September 10, 2024 |
2 | September 11, 2024 |
3 | September 12, 2024 |
4 | September 13, 2024 |
5 | September 16, 2024 |
6 | September 17, 2024 |
7 | September 18, 2024 |
8 | September 19, 2024 |
9 | September 20, 2024 |
0 | September 23, 2024 |
Finally, with respect to the Country-by-Country Report obligation, this may be filed until December 13, 2024 and subsequent years, regardless of the last digit of the Tax Identification Number - NIT of the declarant that appears in the Sole Tax Registry - RUT, excluding the verification digit.
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Juan Esteban Sanín Gómez International Partner of Tax & Legal - Medellín
