February 17, 2020

Deductibility of Costs and Expenses Subject to Electronic Invoice

Asuntos Legales
Carolina Roldan Castellanos

Tax Attorney Carolina Roldan Castellanos wrote an article for Asuntos Legales discussing the control strategy that the Colombian National Tax and Customs Administration (DIAN) has been implementing through the issuance of Law 2010 of 2019 (Economic Growth Law) to fight tax evasion. The Economic Growth Law makes the origin of discountable taxes and the deductibility of costs and expenses dependent on whether they are supported by electronic invoices, however the law replicated the provisions of Law 1943 of 2018, causing confusion among taxpayers.

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