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Colombia: Call for proposals for cultural, creative, and heritage projects eligible for 165% deduction

Approved projects issued an investment or donation certificate that may be used by direct contributor or third-party holder.

May 5, 2026

The Colombia Crea Talento Corporation (CoCrea), in coordination with the Ministry of Cultures, Arts, and Knowledge, published the terms of reference for the CoCrea 2026 call for proposals to be eligible for the 165% deduction for project investments or donations under Article 180 of Law 1955 of 2019, as amended by Law 2277 of 2022.

Project applicants are categorized as (1) projects with self-funding (PAP), (2) projects with third-party funding (PAT), and (3) projects without an identified contributor (PAI). A maximum authorized funding cap of COP $80,835,673,775 (approximately US$21,807,686) has been established for 2026. A minimum participation amount of COP $78 million (approx. US$21,048)  is required for all projects, with maximum caps set at COP $3 billion (approx. US$809,503) for PAP and PAT projects, and COP $500 million (approx. US$134,917) for PAI projects.

The application deadline is July 30, 2026, for PAP/PAT projects, and June 30, 2026, for PAI projects.

Approved projects are issued an investment or donation certificate (CID) that may be used by the direct contributor or by a third-party holder.

Read a May 2026 report (Spanish) prepared by the KPMG member firm in Colombia


For more information, contact a KPMG tax professional in Colombia:

Ricardo Ruiz | ricardoaruiz@kpmg.com

Pedro Madera | pmadera@kpmg.com

Karol Bolaños | karolbolanos@kpmg.com

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