On 29th October 2015, the Directorate of National Taxes and Customs (DIAN) has issued Resolution 111, which incorporates significant changes to magnetic media from 2015 to be reported in 2016.

• Letter j) from Article 4 mentioned that “the natural and assimilated individuals, legal persons and assimilated and other public and private entities required to submit declaration of income tax and complementary that receive income from third parties during 2015, when the sum of own income plus income received from third parties, in 2015, exceeds half a billion pesos ($ 500 million) “were required to report annually. With the modification made by resolution 111, the new article defines “natural and assimilated individuals, legal persons and assimilated and other public and private entities, required under paragraphs a), b) and c) of this article, when they receive income from third parties during 2015, regardless of the amount of income received.”

• Letter r) from Article 4 incorporates employers employing proven working women victims of violence within the information required to report annually.

• Annexes 7, 8, 49 were modified and 52 to 62 of the technical specifications to supply of Resolution 220 of 2014, by Annexes 1 to 15 of Resolution 111 of 2015