Through the Decree No. 435, 2020 the Administration modified the deadlines to file and/or pay the Tax Returns under the following’s terms:

  1. Income Tax
Income Tax Scope
Major Taxpayers The new deadlines to file and pay the second installment, in accordance with the last digits of the tax ID, start on April 21 and end on May 5, 2020.
Legal entities The new deadlines to file and pay the first installment, in accordance with the last digits of the tax ID, start on April 21 and end on May 19, 2020.
Surcharge for Financial Institutions The new deadlines to pay the first installment of the surcharge for financial institutions classified as Major taxpayers start in April 21 and end on May 5, 2020.

 

  1. Annual report of assets possessed abroad
Annual report of assets possessed abroad Scope
Major Taxpayers The new deadlines to file the Tax Return, in accordance with the last digits of the tax ID, start on April 21 and end on May 5, 2020.
Legal entities The new deadlines to file the Tax Return, in accordance with the last digits of the tax ID, start on April 21 and end on May 19, 2020.

 

  1. Value added Tax: The new deadline to pay of the Tax Return Bimester March-April, 2020 and Quarter January -April,2020 is June 30,2020. This modification is applicable only for some business activities as mobile food service activities, travel agency and tour operator activities.
  2. National Consumption Tax: The new deadline to pay the Tax Return Bimester March- April 2020 is June 30, 2020. This modification is applicable only for some business activities as mobile food service activities.

Additionally, through Decree 401, 2020 the Administration modified the following deadlines for the taxpayers that develop passenger air transport activities, hotel services and entertainment activities:

  1. Income Tax
Taxpayer Quality Scope
Major taxpayers that develop the mentioned activities The deadline to pay the second installment of the income tax is July 31, 2020 and the third installment August 31,2020.
Taxpayers not classified as major taxpayers that develop the mentioned activities The deadline to pay the first installment of the income tax is July 31,2020 and second installment August 31,2020.

 

  1. Value Added Tax
Taxpayer Quality Scope
Major taxpayers, individuals or legal entities with net income, at December 31, 2019, equal or greater than 92.000[1] Tax Value Units that develop the mentioned activities The deadline to pay the tax return, Bimester March-April 2020, is June 30,2020.
Major taxpayers, individuals or legal entities with net income, at December 31, 2019, less than 92.000[2] Tax Value Units that develop the mentioned activities The deadline to pay the tax return, Quarter January-April 2020, is June 30,2020.

 

Moreover, by the Press release of March 18, 2020, The Tax Administration of Bogotá modified the deadlines to pay the Property tax for strata 1,2 and 3 from March 31 to April 30,2020.

The Authority of Medellín through Resolution No. 2020031748418 modified the terms of the tax calendar and determined the following dates as the new deadlines, depending on the las digits of the Tax ID:

Tax Scope
1.      Filling the Industry and Commerce tax return May15 to May 29, 2020.
2.      Filling Withholding industry and Commerce tax return ·        Bimester 01 (January-February) from March 24 to March 30, 2020.

·        Bimester 02 (March-April) from May 11 to May 15, 2020.

·        Bimester 03 (May-June) from July 13 to July 17, 2020.

·        Bimester 04 (July -August) from September 14 to September 18, 2020.

·        Bimester 05 (September-October) from November 17 to November 23, 2020.

·        Bimester 06 (November -December) until January 252021.

3.      Filling the Self-Withholding industry and Commerce tax return ·        Bimester 01 (January-February) from March 24 to March 30, 2020.

·        Bimester 02 (March-April) from May 11 to May 15, 2020.

·        Bimester 03 (May-June) from July 13 to July 17, 2020.

·        Bimester 04 (July -August) from September 14 to September 18, 2020.

·        Bimester 05 (September-October) from November 17 to November 23, 2020.

·        Bimester 06 (November -December) until December 22, 2020.

4.      Public lighting Tax Energy consumers, under the pre-paid modality, must pay until May 29, 2020. When the taxpayers are not energy consumers must pay:

·        semester I until June 26, 2020.

·        semester II until December 18, 2020.

 

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[1] COP 3.152.840.000 for 2019.

[2] COP 3.152.840.000 for 2019.