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Colombia's Supreme Administrative Court Holds Inspection Order May Not Suspend Statute of Limitation Without Actual Inspection

|Approved Changes|Colombia
Colombia

A 24 February 2022 Decision of Colombia's Supreme Administrative Court was recently made publicly available regarding the suspension of the statute of limitations through the issuance of an inspection order. The case concerned the income tax for equity (CREE) return filed by Avon Colombia Ltda. (today - Avon Colombia SAS) for the 2013 tax year, which was filed on 10 April 2014. After the return was filed, the tax authority (DIAN) made visits to the company and requested further information i…

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