The declaration of assets abroad is a tax control measure that applies to those income taxpayers, in the ordinary or special regime, who have assets abroad of any nature as of January 1 of each year.
Who are obliged to file the declaration of assets abroad?
In accordance with article 607 of the Tax Statute, modified by article 63 of Law 2277 of 2022, those obliged to file the declaration of assets abroad are the taxpayers of income tax and income tax substitute regimes (simple regime) who are residents in Colombia for tax purposes and who as of January 1 of each year have assets abroad whose net worth value exceeds 2,000 UVT ($94,130,000 for the taxable year 2024).
What are the deadlines to file the declaration of assets abroad?
The deadlines to file the declaration of assets abroad corresponding to the year 2024 depend on the type of taxpayer, attending to the last or the last two digits of the NIT, without taking into account the verification digit, as follows:
For large taxpayers:
Last digit of TAX ID | Deadline (2024) |
1 | April 9 |
2 | April 10 |
3 | April 11 |
4 | April 12 |
5 | April 13 |
6 | April 14 |
7 | April 15 |
8 | April 16 |
9 | April 17 |
0 | April 18 |
For legal entities:
Last digit of TAX ID | Deadline (2024) |
1 | May 10 |
2 | May 14 |
3 | May 15 |
4 | May 16 |
5 | May 17 |
6 | May 20 |
7 | May 21 |
8 | May 22 |
9 | May 23 |
0 | May 24 |
For individuals:
Last digit of TAX ID | Deadline (2024) | Last digit of TAX ID | Deadline (2024) |
01 02 | August 12 | 51 52 | September 18 |
03 04 | August 13 | 53 54 | September 19 |
05 06 | August 14 | 55 56 | September 20 |
07 08 | August 15 | 57 58 | September 23 |
09 10 | August 16 | 59 y 60 | September 24 |
11 12 | August 20 | 61 62 | September 25 |
13 14 | August 21 | 63 64 | September 26 |
15 16 | August 22 | 65 66 | September 27 |
17 18 | August 23 | 67 68 | October 1 |
19 20 | August 26 | 69 70 | October 2 |
21 22 | August 27 | 71 72 | October 3 |
23 24 | August 28 | 73 74 | October 4 |
25 26 | August 29 | 75 76 | October 5 |
27 28 | September 2 | 77 78 | October 8 |
29 30 | September 3 | 79 80 | October 9 |
31 32 | September 4 | 81 82 | October 10 |
33 34 | September 5 | 83 84 | October 11 |
35 36 | September 6 | 85 86 | October 15 |
37 38 | September 9 | 87 y 88 | October 16 |
39 40 | September 10 | 89 90 | October 17 |
41 42 | September 11 | 91 y 92 | October 18 |
43 44 | September 12 | 93 94 | October 21 |
45 46 | September 13 | 95 96 | October 22 |
47 48 | September 14 | 97 98 | October 23 |
49 50 | September 17 | 99 00 | October 24 |
For simple taxation regime:
Last digit of TAX ID | Deadline (2024) |
1 y 2 | April 15 |
3 y 4 | April 16 |
5 y 6 | April 17 |
7 y 8 | April 18 |
9 y 0 | April 19 |
How is the declaration of assets abroad filed?
Taxpayers must fill out form 160 prescribed by the DIAN through Resolution 000023 of 2022 to file the declaration of assets abroad. This is filed digitally only, through the services provided by the DIAN.
What penalties apply in case the declaration of assets abroad is not filed?
In the event that those obliged to file the declaration of assets abroad file it late, a penalty must be paid for each month or fraction of a calendar month of delay, in accordance with article 641 of the Tax Statute. The above does not apply in case the return is corrected, either to increase or decrease the value of assets abroad initially reported.
Likewise, in case the taxpayer does not file the declaration of assets abroad, the DIAN will prepare it ex officio, calculating the penalty, in accordance with article 643 of the Tax Statute.