What happens with the VAT in the Simple Taxation Regime 2023? – Personal Finance – Economics
The Simple Taxation Regime (RST) is a tax payment system that seeks to facilitate compliance with tax obligations of businessmen, entrepreneurs, merchants and professionals, according to the Directorate of National Taxes and Customs of Colombia (Dian). This mechanism generates savings when it comes to paying taxes in a unified manner, since it provides low rates that are settled according to income level. It is declared annually, but payments must be made with bimonthly advances through the entity's electronic systems. This system is voluntary, so those who wish can take advantage of it, as long as the requirements are met.As Dian…
