Temporary Tax on Wealth: Which Companies Must Pay It After the Government Decree?

TL;DR

A temporary tax on corporate net worth has been created by Decree 0173 of 2026 in Colombia.
The tax aims to generate funds for disaster recovery efforts following recent climate events.
It applies to companies with a net worth of at least 200,000 UVT ($10.474 billion pesos) as of March 1, 2026.
A general tax rate of 0.5% applies, with a higher rate of 1.6% for financial, insurance, mining, and energy sectors.
The tax is calculated on net worth, defined as total assets minus debts.
Payment is due in two equal installments on April 1, 2026, and May 4, 2026.
Exemptions include health sector companies, state-intervened companies, and certain public utility providers in disaster-declared municipalities.

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