We would like to remind all our clients that the filing and payment dates for the Net-equity Tax and Individual Income Tax returns have been published and can be consulted in our legal obligations brief at the following link: Commercial Companies – Circular de Obligaciones Legales Anuales para Clientes y Aliados 2024.

Please remember that those obliged to comply with the aforementioned tax obligations are:

• Individuals Income Tax: Individuals who had for the 2024 taxable period a net worth of more than COP$190,854,000 or income, credit card consumption, or bank deposits of more than COP$59,377,000.
• Net-equity Tax: Those who as of January 1, 2025, have a Net-equity of more than COP$3,585,528,000, including residents and non-residents with assets in Colombia.

Should you have any questions regarding these taxes, please do not hesitate to contact us.