Tax
DIAN administers 35 percent corporate tax and 19 percent VAT
The Dirección de Impuestos y Aduanas Nacionales (DIAN) administers national taxes. The corporate rate is 35 percent, with a surcharge for financial institutions, and VAT is 19 percent with reduced and exempt categories. Ley 2277/2022 introduced significant reforms including a minimum effective tax rate and taxes on ultra-processed foods and sugary drinks.
Key rules
- Jurisdiction — National, with departmental and municipal taxes such as ICA in addition
- Deadline — Corporate income tax return: filed on the DIAN calendar in April and May by NIT digit
- Deadline — VAT: bimonthly or four-monthly depending on revenue
Governing law
- Estatuto TributarioDecreto 624/1989
- Ley 2277/2022 - reforma tributaria
- Ley 1943/2018 and Ley 2010/2019financing laws
In practice
The tasa mínima de tributación introduced in 2022 sets a floor on effective corporate tax, limiting the benefit of accumulated deductions and exemptions, and is calculated by a formula in the Estatuto Tributario. Municipalities levy the industry and commerce tax (ICA) on gross revenue, which is separate from national income tax and varies by municipality and activity.