Tax and Legal News

Publications of the most relevant regulatory changes, resolutions and judgments during the year in relation to tax, corporate, labor, transfer pricing and intellectual property issues.

Tax Information

Learn all the details about: - The value of the UVT that could remain for the year 2022. - The new resolution on exogenous information - Project that seeks to eliminate the 4x1000

DIAN issued the General Concept 415 of 2021.

DIAN issued concept 415 of 2021, in which detailed the application of section 45 of Social investment Law

Parafiscal contribution for tourism

Through Decree 1338 of 2021, the Ministry of Commerce, Industry and Tourism regulates the Parafiscal Contribution for tourism.

Cost and expense deductibility requirements

Find below a guide to the deductibility requirements that costs and expenses must meet, in order to deduct them from the income tax return.

Unconstitutionality of article 193

Electronic information

Resolutions 98 of October 28, 2020 and 70 of October 28, 2019 establish how to comply with the obligation to present electronic information of persons and entities from abroad.

Registration and update in the RUT

On October 11, DIAN issued Official Ruling 110 of 2021, in which regulated the inscription at RUT, and its actualization through chambers of commerce

Rules for the service provision contract

Will the ruling of the state council also apply to individuals?

Mutual agreement process

The tax reform by means of article 47 determined the termination by mutual agreement of the administrative processes. You also will find the requirements and benefits of this norm.

The scope of article 53 is set

The Ministry of Commerce mentioned that VAT will not be charged on shipments urgent with a value less than USD $ 200, only if the shipment comes from USA.

Bogotá´s Council issued District Agreement 816 of 2021. which introduces modifications in tax matters for the social and economic rescue the operation of the public transport system and other provisions. In tax matters a series of reliefs was established for taxpayers who are in default with their district obligations.

Se aprobó conciliación del Proyecto de Ley

Se aprobó el informe de conciliación del Proyecto de Ley 046/2021 Senado | 027/2021 Cámara, que expide la Ley de Inversión Social.

Interpretation for the term "gross income"

Through Official Letter No. 907764 of August 3rd, 2021, the Colombian Tax Authority indicated the interpretation for the term “gross income” contained in Section 600 of the CTC

Newsletter Tax

On august 10th, began the due dates for filling the income tax returns by individual persons. In the same way, through official Ruling 63 issued in 2021 was modified the date of availability of the functionalities of the electronic invoicing system, as well as modified the implementation calendar of electronic payroll.

Application of connected contracts

Find here all about the theory of associated contracts and the obligations to verify the information before reporting your clients to credit bureaus.

News from the Courts and the legislator

The Simplified Joint Stock Company ("Sociedad por Acciones Simplificadas" or "SAS") has become the most widely used type of company in the country due to its flexibility and legal ease.

Second version of the tax reform bill

On July 20, the National Government filed before the Congress of the Republic the new draft of the Social Investment Law, which seeks to mitigate the fiscal deficit, without affecting the most vulnerable social classes.

New deadlines for electronic information - Cali

Ruling No. 4131.040.0165 of July 8, 2021, the Santiago de Cali´s Tax Authority modifies the terms to present electronic information to the municipality.

Appeal for reconsideration

The Consejo de Estado made some clarifications on the timely presentation of the appeal for reconsideration

Newsletter - Electronic signatures

Legal validity of electronic and digital signatures

UPDATE NEWS No. 19 - CORPORATE AND LABOR

New developments of the High Courts and the legislator in labor and commercial issues.

Tax payment dates are modified for micro and small companies

NEWSLETTER - Official Letter DIAN 457 of 2021

DIAN made some clarifications on the income statement due to change of ownership of foreign investment in the case of the sale of shares.

UPDATE NEWS No 16 - Tax

Decree that regulates the definition of tourist service providers for restaurants.

UPDATE NEWS No 18 - Tax

Learn about the activities for which the government established the 0% advance.

Update news No. 17 - Corporate

Instructions for the normalization of the registry of control situations and business groups

UPDATE NEWS No. 15

We invite you to learn about the regulations for the payment of contributions to the General Pension System, regulated by Decree 376 of 2021.

UPDATE NEWS No. 14

We invite you to review some general indicators to consider in order to determine whether a commercial company is immersed in the dissolution cause according to the business in progress hypothesis.

MAZARS WHITEPAPER

Advice and practical support to help business handling personal data processing

UPDATE NEWS No. 13 – Tax

We invite you to review the latest comments of DIAN regarding Crypto assets and their impact on the different tax obligations.

UPDATE NEWS No. 12 – Tax

Through Resolution 5 of January 22, 2021 the term for updating the RUT was extended, learn about the main changes.

UPDATE NEWS No. 11 – Legal indicators for 2021

We invite you to check out the main indicators for 2021

UPDATE NEWS No.10 - TAX

Law 2026 of 2020, presents new advantages and tax relief for the tourism sector, in our newsletter you can find the most relevant points.

UPDATE NEWS No.9 - TAX CALENDAR 2021

We inform you about the tax filing and payments deadlines established by the Tax Authority for 2021

INCENTIVES OF THE UPME FOR NON-CONVENTIONAL

We invite you to learn about the incentives that the "Unidad de Planeación Minero Energética" - UPME provides for non-conventional energy projects.

UPDATE NEWS No.4 - TAX

The Constitutional Court ruled in September on the access of those not responsible for VAT to the VAT income tax discount paid on the acquisition of real productive fixed assets.

Ruling No. 4131.040.0165 of July 8, 2021, the Santiago de Cali´s Tax Authority modifies the terms to present electronic information to the municipality.