Colombia Provides Certain Deadline Extensions for Coronavirus (COVID-19)

Colombia has published Decree 401 of 13 March 2020, which provides adjustments in the deadlines for certain tax obligations, including extensions as a result of the coronavirus (COVID-19). Some of the key points of the Decree include:

• For large taxpayers that are commercial airlines, hotels, and hotel service companies, and those engaged in theatrical activities, live music entertainment activities, and other live entertainment activities, the deadline for the second tax payment is extended…