Colombia’s National Tax Agency (DIAN) Bureau is increasingly monitoring taxpayer economic movements, including the operations of Bitcoin (BTC) and cryptocurrency, through data intersecting with banks, businesses and official institutions.
According to information collected by tax authorities, anyone who has made a transaction with CryptoAct in 2025 with CryptoAct must declare their income if it exceeds an established stop. This process of forcing people to report income, assets, or commissions may surprise those who have not considered their important moves, However, it correctly declares sanctions and optimizes tax benefits.
Colombia must declare cryptocurrency operations for four years. This is a practice that is integrated with strengthening and enhancing exogenous information systems. Banks, Notary, Chamber of Commerce and Business Natural and corporate fiscal movements report to DianeColombian analysts in the Juan Rodríguez Cryptocurrency market, including deals with Cryptoactive, explained.
Income tax is the amount of income earned between January 1st and December 31st of the previous fiscal year. Whether it comes from cryptocurrency, pay, or investments. In 2024, the suspension of declaring income included income, purchases, or consignment items exceeding US$65.9 million, or inheritances exceeding US$211 million.
The example is an example of a person who purchased and sold USD tethers (USDTs) as secondary activities in 2024. Through your personal bank account, He received the buyer’s payment and handed it over to the supplier.its usefulness did not reach US$10 million, but accumulated a large number of operations, exceeding US$200 million. Additionally, the US$30 million sale to the OTC company reported as the entry point for its name was placed beyond the limits of total commission and revenue.
As a result, the person must declare his income in 2025. Because Diane prioritizes data reported by third parties About individual perceptions.
Exogenous information is important in this process. Each year, Diane receives detailed reports from the entity recording the transaction. From bank transfer to contract delegation.
These data intersect with the taxpayer’s single tax role (RUT), card or bank account. Allows to identify people exceeding the threshold to declare. It’s not just cryptocurrency: it monitors the movements of purchases, sales, investments, and even stock exchanges. Financial authorities rely on things that are decreasing, rather than on what taxpayers report, which reduces the margins of omitting income.
Declaration is not the same as payment
However, declaring rent does not always mean paying taxes. According to Rodriguez, proper planning will allow you to take advantage of tax benefits.
You will be exempt from a maximum of 1,090 UVT (approximately USD 51.4 million in 2024) for taxable bases, and the progressive income tax rate will vary depending on your income level.
An accurate statement can help you find taxpayers at a low level and minimize the financial impact. On the other hand, in addition to sanctions and benefits that aggravate the situation, errors or omissions can come from taxes of up to 39%.
The panorama for Colombia’s cryptocurrency users reflects an increasingly strict tax system. Since 2021, Diane has included CryptoAct on its radar, It demands clarity of its origin and use. Tax expert Alex Garcia explains that failing to declare correctly or attempting to avoid obligations leads to serious risks.
Sanctions for conflicts in the declaration exceed the value of outstanding taxes and default interest may accumulate quickly. In the face of this scenario, the recommendations are clear. Protects taxpayers from future issues.
Diane knows more than many people imagine about Colombian finances, so that she has access to more and more data. In a context where transparency is inevitable, declare that not only accurately comply with the law, but also optimizes taxpayers and clear situations, Avoid evasive payments and sanctions.
