Colombia DIAN Will Fine Taxpayers Who Omit This Declaration

Tax Compliance Key Facts —Income tax omission. Missing an income tax return triggers a penalty of 20% of gross bank consignments or gross income. —Minimum fine in 2026. The smallest penalty DIAN can impose is 10 UVT, roughly COP 524,000 (about US$128). —VAT and withholding. Omitting a VAT return carries a 10% sanction, while a…