Setting Up Tax Filing for Colombia

Note:

This feature requires the International Tax Reports SuiteApp.

The information you enter on the Tax Filing Setup page for Colombia is used in certain fields of the Colombia VAT return.

To set up tax filing information for Colombia:

1. Go to Reports > VAT/GST > Tax Reports (International).

2. If you are using OneWorld, select the Colombia VAT-registered subsidiary.

3. Select the country form for Colombia.

4. Click Setup, and click Tax Filing.

5. Complete the Tax Filing Setup page:

   1. Enter the Colombia VAT number to be used for the selected subsidiary. This VAT number is displayed in Box 5 of the VAT return.

   2. In the Reporting Period field, select the tax reporting period for the VAT return that you intend to generate. You can select Bi-Monthly, Four-Monthly/Trimester, or Annual. The system marks the corresponding reporting frequency in Box 24 of the VAT form.

6. Click Save.

Related Topics

Colombia Tax Setup

Colombia Tax Codes

Colombia VAT Report

What goes into each box - Colombia VAT report

VAT and GST Reporting Overview

International Tax Reports

Generating VAT/GST Reports

International Tax Reports Best Practices

General Notices