Colombia's adjusted tax value unit (Unidad de Valor Tributario - UVT) for 2023, is COP 42,412, which is up from the 2022 value of COP 38,004. The UVT is used in various Colombian tax regulations, including for tax penalties and individual income tax brackets, as well as for transfer pricing documentation requirement thresholds, including for Local file, Master file, and Country-by-Countr...