Colombia President Posts Decree on 2025 Capital Gains Calculations, Cost Basis Adjustments for Fixed Assets

The Colombian President’s Office April 27 posted Decree No. 0449/2026, on the 2025 cost basis adjustments and capital gains tax calculations for specified fixed assets. The decree includes measures to: 1) specify that taxpayers can adjust the cost basis of fixed assets purchased or held in 2025 by 5.81 percent, based on the percentage increase to the consumer price index (CPI) in 2025; 2) update the table of coefficients used to adjust capital gains tax calculations for 2025 fixed asset sales, with figures added for assets purchased in 2024; 3) require that the cost basis is adjusted at the time ...