Obligations of the transfer pricing regimeDirección de Impuestos y Aduanas Nacionales (DIAN)
The Directorate of National Taxes and Customs (DIAN) published Resolution 1210 of 2022* which establishes the applicable procedure for the presentation of transfer pricing regime obligations through the entity's computer and electronic services. This includes the information to be supplied by the obligated taxpayers and the format with the technical specifications of the documentation.
The obligations specified in the standard are the following:
The informative declaration of transfer prices - Form 120, established in article 260-9 of the Tax Statute (E.T.).
The notification of the Country by Country Report, established in numeral 2 of article 260-5 of E.T.
The local and master report of supporting documentation established in number 1 of article 260-5 of the E.T.