Key Takeaways
- Colombia’s DIAN mandates crypto service suppliers to report crypto transaction knowledge.
- The regulation aligns with the OECD’s Crypto-Asset Reporting Framework to enhance tax transparency.
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Colombia has formalized the mixing of digital property into its nationwide tax regime by adopting obligatory reporting guidelines that align with the OECD’s Cryptoasset Reporting Framework (CARF).
Beneath newly issued Decision 000240, the nation’s tax authority, DIAN, now requires exchanges, intermediaries, and buying and selling platforms to implement rigorous due diligence and automatic knowledge sharing with overseas tax authorities to reinforce fiscal transparency.
Service suppliers should acquire and report detailed info on crypto customers and transactions, together with account possession, transaction volumes, honest market values, and helpful possession.
The coverage covers probably the most extensively used crypto property, resembling Bitcoin, Ethereum, and stablecoins, whereas excluding central financial institution digital currencies, and classifies crypto transfers exceeding $50,000 as routinely reportable retail transactions.
Late, incomplete, or incorrect filings can set off fines of 0.5% to 1% of the worth of the transactions concerned.
Reporting obligations start within the 2026 tax 12 months, with the primary mass filings due in Might 2027.
