As explained above, currently, the taxable event under Net Equity Tax rules is the possession or ownership on January 1st of 2024, of net assets equaling or exceeding $3.388.680.000 \/ USD800.506 approx \u00b2.
\nThe Tax Bill proposes that the taxable event is extended to the possession of net assets equaling or exceeding 40.000 UVTs ($1.882.600.000\/ USD 445.000 \u00b3 for 2024), on January 1st and subsequent years.
\nIt extends the taxable event and the taxable persons, to the possession of unproductive real estate for the same value, by legal entities incorporated in Colombia.<\/p>\n
2.Taxable basis and Progressive Rates.<\/strong><\/p>\n Currently the Net Equity Tax applies at the following marginal rates:<\/p>\n <\/p>\n <\/p>\n \u00b9\u00a0 UVT 2024: $47.065 <\/p>\n <\/p>\n The Tax Bill proposes the following rates:<\/p>\n a. For individuals and unsettled successions of Colombian residents and foreign companies holding assets in Colombia, with the exclusion of Portfolio Investment or Financial Lease Agreements:<\/p>\n b. For legal entities incorporated in Colombia, a unified rate of 1.5% on the value of unproductive real fixed assets equaling or exceeding 40.000 UVT\/$1.882.600.000\/approximately USD 445.000\u00b5.<\/p>\n <\/p>\n <\/p>\n <\/p>\n <\/p>\n In compliance with dispositions regarding the administration of personal data, REYES ABOGADOS ASOCIADOS S.A requests that you contact us if you are not interested in receiving legal updates. This bulletin is a Service by REYES ABOGADOS ASOCIADOS S.A., which is sent exclusively for information purposes with no intention to render legal advice. For specific cases, we recommend that individual assistance is sought before making decisions based on the information contained herein.<\/p>\n <\/p>\n <\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" Under current regulations, basically Law 2277 of 2022, the Net Equity Tax applies in Colombia to individuals, unsettled successions of<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-822","post","type-post","status-publish","format-standard","hentry","category-legal-bulletin"],"_links":{"self":[{"href":"https:\/\/www.reyesaa.com\/en\/wp-json\/wp\/v2\/posts\/822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.reyesaa.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.reyesaa.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.reyesaa.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.reyesaa.com\/en\/wp-json\/wp\/v2\/comments?post=822"}],"version-history":[{"count":8,"href":"https:\/\/www.reyesaa.com\/en\/wp-json\/wp\/v2\/posts\/822\/revisions"}],"predecessor-version":[{"id":833,"href":"https:\/\/www.reyesaa.com\/en\/wp-json\/wp\/v2\/posts\/822\/revisions\/833"}],"wp:attachment":[{"href":"https:\/\/www.reyesaa.com\/en\/wp-json\/wp\/v2\/media?parent=822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.reyesaa.com\/en\/wp-json\/wp\/v2\/categories?post=822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.reyesaa.com\/en\/wp-json\/wp\/v2\/tags?post=822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n\u00b2\u00a0 Exchange Rate in force to Date: USD1= COP4233,17.
\n\u00b3\u00a0 72.000 UVT 2024: $3.388.680.000
\n\u00b5\u00a0 40.000 UVT 2024: $1.882.600.000<\/p>\n![\"\"](\"https:\/\/www.reyesaa.com\/wp-content\/uploads\/UVT.png\")
<\/p>\n![\"\"](\"https:\/\/www.reyesaa.com\/wp-content\/uploads\/FROM-300x115.png\")
<\/em><\/strong><\/p>\n