Colombia's National Tax Authority (DIAN) has issued Administrative Regulation 96 of 2015 concerning the foreign assets return introduced under Colombia's Tax Reform Act (Act 1739), which was passed the end of 2014. The return requirement applies for Colombian resident taxpayers with assets held abroad as of 1 January 2015, with the first return (Form 160) due October 2015. The return must be filed electronically, and includes:
- Identification of the taxpayer;
- Details of each foreign asset wit…