Colombia Cryptocurrency Tax

Colombia does not have specific cryptocurrency tax legislation, but the DIAN has issued guidance clarifying that crypto assets are subject to existing tax rules. Income from cryptocurrency trading is treated as ordinary income and taxed at progressive rates up to 39%. If crypto assets are held for more than 2 years, gains may qualify for capital gains treatment at 15%. Crypto holdings must be reported in the annual tax return as part of net worth. The Colombian tax authority has been increasing its monitoring of crypto transactions through information exchange with local and international platforms.