- Colombian tax authority DIAN issued Concept No. 013853 on September 5, 2025 allowing individuals to claim VAT benefits when purchasing hybrid or electric vehicles for personal useIndividuals can apply for a 50% deduction on total investment for hybrid or electric vehicle purchases under Articles 11 and 12 of Law 1715 of 2014The ruling provides both income tax deduction benefits and VAT exclusion for personal use hybrid and electric vehicle acquisitionsThis tax incentive aims to encourage individual adoption of environmentally friendly vehicles in Colombia
Source: kpmg.com
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