You can withhold a percentage on the VAT value calculated (usually, 50% of the value calculated) for cases defined by Colombian legislation.
VAT withholding always occurs in purchase: the acquirer of goods pays a part of the tax that the issuer must pay.
VAT withholding occurs when:
1. A Great Taxpayer purchases goods from a Common System:
- 50% of VAT value is withheld, discounting the value from the total that had to be paid to the supplier.
2. A Great Taxpayer purchases goods from a Simplified System:
- 50% of VAT value is withheld. However, it is not discounted from the value to be paid to the supplier.
3. A Common System purchases goods from a Simplified System:
- 50% of VAT value is withheld. However, it is not discounted from the value to be paid to the supplier.
4. Purchase of international goods (import):
- 100% of VAT value is withheld. However, it is not discounted from the value to be paid to the supplier.
Withholding percentage is defined in Variable Tax table (always 50%). For operations like import, in which the percentage is 100%, there is the field VAT Percentage, in the TIO Register. In this register, the search for rates is available. Rates not found must be in Variable Taxes. In sales, the customer/supplier type must be other than 3. In purchases, ensure the parameter MV_AGENTE is configured as S, that represents VAT withholding. |
The fields and routines involved are
Customer File
- Type of Person
VAT withholding is calculated only for the following types: 1 – Common System or 2 – Simplified System.
- Type of Customer
Enter the type of taxpayer, according to the tax payment.
- Withholding Agent (VAT Withholding Agent)
Withholding is calculated if this field is filled out with 1-Yes.
Supplier Register:
- Type of Person
VAT withholding is calculated only for the following types: 1 – Common System or 2 – Simplified System.
- Type of Supplier
Enter the type of taxpayer, according to the tax payment (1=Taxpayer; 2=Non-taxpayer; 3= Non-declarant; 4= Great Taxpayer; 5=Self-Withholder).
- VAT Percentage
Enter the percentage for VAT withholding calculation when the operation requires a percentage different from the standard percentage of 50%, available in the variable tax register.
TIO x Tax Binding Register:
- Sum in Trade Note
It must be filled out with 2-Subtract.
- Sum in Invoice
It can filled out with 2-Subtract or 3-Indifferent to have the value subtracted from the invoice or disregarded.
Variable Tax Register:
- Tax (Normal/Join/Separate)
Indicate if tax calculation must be added to the installments of the main bill. The content indicated must be J Join.
See Also
Visão Geral
Import HTML Content
Conteúdo das Ferramentas
Tarefas