The Colombian tax authority (DIAN) has published a draft resolution for comment that sets the adjusted tax value unit (Unidad de Valor Tributario - UVT) for 2022. As compared to 2021, the draft resolution provides an increase in the UVT value from COP 36,308 to COP 38,004 for 2022. Comments on the draft resolution are accepted until 17 November 2021.
The UVT is used in various Colombian tax regulations, including for tax penalties and individual income tax brackets, as well as for transfer …