Colombia: Relief from interest and penalties for late payments of tax (COVID-19)

The relief is also available for value added tax (VAT) and tax withholding.

Late payments of tax (COVID-19)

The tax authority (DIAN) issued Resolution 000126 of 2021 establishing a temporary relief mechanism regarding interest and penalties for late payments of tax.

DIAN Concept No. 100208192-415 (5 November 2021) clarifies certain areas regarding the interpretation and application of this relief. In general, for tax payments that are late as of 30 June 2021 (because of the economic consequences of the coronavirus (COVID-19) pandemic), taxpayers must make a payment or an arrangement to pay the amount by a 31 December 2021 deadline.

The relief is also available for value added tax (VAT) and tax withholding.

Read a November 2021 report (Spanish) prepared by the KPMG member firm in Colombia

 

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