Colombia: Proposed implementation of OECD cryptoasset reporting framework (CARF)
Would require annual electronic reporting of cryptoasset transactions starting in 2026
The Colombian tax authority (DIAN) has proposed a draft resolution to adopt the OECD cryptoasset reporting framework (CARF). This proposal would require crypto service providers to report user and transaction data for tax purposes, with annual electronic reports beginning in 2026.
The draft resolution would mandate reporting cryptoasset service providers (RCASPs) to report user and transaction data and defines key CARF concepts and setting due diligence standards. RCASPs would be required to retain documents for five years and correct inconsistencies within 30 days upon DIAN’s request. Reports would be due annually by the last business day of May, starting with the 2026 tax year, and must be submitted electronically in XML format.
Read a November 2025 report prepared by the KPMG member firm in Colombia