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Colombia Orders Crypto Platforms to Report User and Transaction Data Under New Tax Rule

The measure aligns reporting with the OECD’s CARF to enable automatic cross-border information exchange.

Overview

  • DIAN’s Resolution 000240 took effect on December 24, 2025, with reporting beginning for the 2026 tax year and first filings due by the last business day of May 2027.
  • Exchanges, intermediaries and platforms—domestic and foreign serving Colombian users—must implement due diligence and automated reporting to DIAN and foreign tax authorities.
  • Required data include account ownership and identification, tax IDs, transaction volumes and units transferred, fair market values, net balances and beneficial ownership.
  • Coverage spans Bitcoin, Ether, stablecoins and other crypto assets while excluding central bank digital currencies, with retail transfers above $50,000 automatically reportable.
  • Late, incomplete or inaccurate submissions can trigger fines of roughly 0.5% to 1% of the value of the transactions involved.