Practice area
Tax Law
Colombian tax law changes frequently and exposes companies to assessments and penalties from the DIAN, the national tax authority. We prepare tax position diagnostics, structure planning alternatives within the law, respond to ordinary and special assessments, and represent taxpayers at administrative and judicial level.
Scope
Tax Law services
- Tax planning for companies and individuals
- Tax due diligence in M&A transactions
- National and municipal tax advice
- Withholding tax and cross-border transactions
- Response to tax authority requirements
- Refund and offset claims for tax credits
- Representation before the DIAN
- Tax litigation before the administrative courts
- Accounting and income tax return preparation
Who handles it
Lawyers in this practice
Common questions
Questions about tax law
- How long do I have to respond to a DIAN special assessment?
- The taxpayer has three months from notification of the special assessment to respond, under article 707 of the Colombian Tax Code. The deadline is preclusive: if it lapses without a response, the DIAN may issue an official review assessment on the proposed grounds.
- When does a Colombian tax return become final?
- The general statute is three years from the filing deadline or from late filing, under article 714 of the Tax Code. It extends where tax losses are offset or carried forward, and for transactions subject to the transfer pricing regime.
- Does Colombia have double taxation treaties?
- Yes. Colombia has treaties in force with Spain, Chile, Switzerland, Canada, Mexico, South Korea, Portugal, India, the Czech Republic, the United Kingdom, France, Italy and Japan, among others, plus the Andean Community regime. There is no comprehensive treaty with the United States.