Colombia Personal Tax Return

Do I need To Declare my Personal Taxes in Colombia?

Do I need To Declare my Personal Taxes in Colombia?
If you have exceeded 183 days in any 12 month period overlapping 2021 to 2022 or in 2021 then you will need to declare taxes in Colombia for 2020. The time period is not fixed between January 1 and December 31. Let us know if you need us to explain this. Here is your complete guide to Colombia personal tax declaration.

In August the first expiration on Colombian tax declarations will be occurring. Tax filing dates depends on your NIT tax id number. This number is located on the RUT document. If you don’t have one we can get you one in about 1-2 weeks even during quarantine, via email with the DIAN. The filing dates vary for everyone. Filing dates range from August to October.

Pasted File at February 21, 2022 9_37 AM

How long do I have to stay in the country to be a tax resident?

The time spent in the country is the most important requirement to be considered a tax resident.

The magic number is 183 days, or better, 184 days, since the norm speaks of more than 183 days, which means that with a minimum of 184 days of permanence in the country the person becomes a tax resident.

If a person stays in the country for more than 183 days in a 365-day period, he is considered a tax resident considering the following:

· The 183 days can be continuous or discontinuous, such as when the person is in the country for three months, leaves and returns two months later.

· Those 183 days are not considered within a calendar year (January – December), but within a period of 365 days, which can all be in the same year, a part in a year and another in another year. Example: from July 2017 to July 2018.

If the 184 days fall over two years, the tax residence begins in the second year, which according to the previous example would be from 2018.

In the following graph you can see in more detail the issue of residence time for Colombia personal tax declaration: