The Colombian tax authority (DIAN) has published Resolution No. 000140 of 25 November 2021, which sets the adjusted tax value unit (Unidad de Valor Tributario - UVT) for 2022. As compared to 2021, the UVT value for 2022 is increased from COP 36,308 to COP 38,004 for 2022. 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 fi…