Colombia: Tax incentive for investment in sports, recreation, and physical activity
Law 2490 enacted and effective July 17, 2025
Law 2490—enacted by Congress and effective on July 17, 2025—introduces tax incentives for organizations involved in sports, recreation, and physical activity.
- Taxpayers may enter into agreements with sports organizations recognized by the National Sports System. In return, they will receive negotiable instruments that can be used to pay income tax (Article 257-1 of the tax law).
- Fundable activities include sports infrastructure, equipment and uniforms, programs for vulnerable populations, scholarships and support for athletes, sports tourism, and coach training with a differentiated approach.
- The Ministry of Sports and the Ministry of Finance will regulate the law within one year. Periodic audits and eligibility criteria will be established for recipient entities. The DIAN must approve the issuance/redemption of certificates after a prior audit.
Read a July 2025 report (Spanish) prepared by the KPMG member firm in Colombia