Impuesto al valor agregado en las importaciones y exportaciones en Colombia

Abstract

The Value Added Tax (VAT) is widely recognized as the main source of revenue for the State, and its application occurs at the time of the transaction of sale of goods or services, unless these are specifically excluded or exempted, with a rate generally of 19%. Colombia has experienced a steady growth in its international trade in the last decades. Exports and imports have increased significantly, diversifying its commercial partners and products. In addition, the country has signed free trade agreements, which has boosted its exports and opened new markets. The country has strict customs regulations governing these processes, and the DIAN plays a key role in managing them. In addition to VAT, there are tariffs that affect international trade; however, exceptions and preferential treatments have been established to encourage certain economic activities.