Colombia has published Legislative Decree No. 535 of 10 April 2020, which introduces abbreviated procedures for the automatic refund of income tax and VAT balance while the current COVID-19 health emergency declaration is in force.
This includes that for taxpayers that are not considered high-risk, income tax and VAT refunds will be provided within 15 days of request (normally takes up to 50 days). For taxpayers considered high-risk, refunds within 15 days may still be possible but additio…