Continuation of the customs adjustment process initiated by the Tax Authority
Ecopetrol (NYSE: EC) announced that Colombia's Tax Authority has notified its subsidiary, RefinerÃa de Cartagena, regarding customs import declarations for gasoline. The Tax Authority claims the Refinery owes approximately COP 1.0 trillion, plus COP 2.1 trillion in estimated interests for gasoline imports between 2022-2024.
The Refinery has filed motions for reconsideration against these assessments. Since January 2025, Ecopetrol and the Refinery have been making VAT payments at 19% on gasoline and diesel imports, while maintaining their right to challenge the Tax Authority's interpretation.
Ecopetrol (NYSE: EC) ha annunciato che l'Autorità Fiscale colombiana ha notificato alla sua controllata, RefinerÃa de Cartagena, delle dichiarazioni doganali relative all'importazione di benzina. L'Autorità Fiscale sostiene che la Raffineria debba circa 1,0 trilioni di COP, più 2,1 trilioni di COP di interessi stimati per le importazioni di benzina tra il 2022 e il 2024.
La Raffineria ha presentato istanze di revisione contro queste valutazioni. Da gennaio 2025, Ecopetrol e la Raffineria stanno effettuando pagamenti IVA al 19% sulle importazioni di benzina e diesel, mantenendo però il diritto di contestare l'interpretazione dell'Autorità Fiscale.
Ecopetrol (NYSE: EC) anunció que la Autoridad Tributaria de Colombia notificó a su subsidiaria, RefinerÃa de Cartagena, sobre declaraciones aduaneras de importación de gasolina. La Autoridad Tributaria reclama que la RefinerÃa debe aproximadamente 1,0 billones de COP, más 2,1 billones de COP en intereses estimados por importaciones de gasolina entre 2022 y 2024.
La RefinerÃa ha presentado recursos de reconsideración contra estas evaluaciones. Desde enero de 2025, Ecopetrol y la RefinerÃa han estado realizando pagos de IVA al 19% sobre importaciones de gasolina y diésel, manteniendo su derecho a impugnar la interpretación de la Autoridad Tributaria.
Ecopetrol (NYSE: EC)ì€ ì½œë¡¬ë¹„ì•„ 세무 당êµì� ìžíšŒì‚¬ì¸ 카르타헤나 ì •ìœ ì†Œì— íœ˜ë°œìœ� 수입 ì‹ ê³ ì„œì™€ ê´€ë ¨í•˜ì—� 통보했다ê³� 발표했습니다. 세무 당êµì€ 2022ë…„ë¶€í„� 2024년까지 휘발ìœ� 수입ì—� 대í•� ì •ìœ ì†Œê°€ ì•� 1ì¡� COP, ì¶”ì • ì´ìž 2.1ì¡� COPë¥� 납부해야 한다ê³� ì£¼ìž¥í•˜ê³ ìžˆìŠµë‹ˆë‹¤.
ì •ìœ ì†ŒëŠ” ì´ëŸ¬í•� í‰ê°€ì—� 대í•� 재심 ì²êµ¬ë¥� ì œê¸°í–ˆìŠµë‹ˆë‹¤. 2025ë…� 1월부í„� Ecopetrolê³� ì •ìœ ì†ŒëŠ” 휘발ìœ� ë°� ë””ì ¤ 수입ì—� 대í•� 부가가치세 19%ë¥� ë‚©ë¶€í•˜ê³ ìžˆìœ¼ë©�, 세무 당êµì� í•´ì„ì—� 대í•� ì´ì˜ë¥� ì œê¸°í•� 권리ë¥� ìœ ì§€í•˜ê³ ìžˆìŠµë‹ˆë‹¤.
Ecopetrol (NYSE : EC) a annoncé que l'Autorité fiscale colombienne a notifié sa filiale, la RaffinerÃa de Cartagena, concernant les déclarations d'importation en douane de l'essence. L'Autorité fiscale affirme que la raffinerie doit environ 1,0 billion COP, plus 2,1 billions COP d'intérêts estimés pour les importations d'essence entre 2022 et 2024.
La raffinerie a déposé des recours en réexamen contre ces évaluations. Depuis janvier 2025, Ecopetrol et la raffinerie effectuent des paiements de TVA à 19% sur les importations d'essence et de diesel, tout en conservant leur droit de contester l'interprétation de l'Autorité fiscale.
Ecopetrol (NYSE: EC) gab bekannt, dass die kolumbianische Steuerbehörde ihre Tochtergesellschaft, die RaffinerÃa de Cartagena, bezüglich Zollimporterklärungen für Benzin benachrichtigt hat. Die Steuerbehörde fordert von der Raffinerie etwa 1,0 Billion COP zuzüglich geschätzter Zinsen von 2,1 Billionen COP für Benzinimporte zwischen 2022 und 2024.
Die Raffinerie hat Einsprüche gegen diese Bewertungen eingelegt. Seit Januar 2025 leisten Ecopetrol und die Raffinerie Mehrwertsteuerzahlungen in Höhe von 19% auf Benzin- und Dieselimporte, behalten sich jedoch das Recht vor, die Interpretation der Steuerbehörde anzufechten.
- None.
- Potential liability of COP 3.1 trillion (principal + interest) for disputed gasoline import taxes
- Ongoing regulatory dispute with Tax Authority affecting customs declarations
- Increased operational costs due to 19% VAT rate implementation since January 2025
Insights
Ecopetrol faces potential COP 3.1 trillion tax liability as subsidiary challenges Colombian Tax Authority's customs assessment on gasoline imports.
The notification from Colombia's Tax Authority (DIAN) to Ecopetrol's subsidiary RefinerÃa de Cartagena represents a significant financial exposure of approximately
The core issue appears to be a disagreement over how to classify or value gasoline imports for customs purposes. While specific technical details aren't provided, this type of dispute typically involves tariff classification, valuation methodology, or qualification for preferential treatment. The magnitude of the assessment suggests a fundamental disagreement about the applicable tax rate or valuation base.
Notably, Ecopetrol has begun paying VAT at the
The filing of motions for reconsideration initiates the administrative appeals process, which could potentially proceed to Colombia's administrative courts if not resolved favorably. Tax disputes of this magnitude typically take several years to resolve, creating prolonged uncertainty regarding the ultimate financial impact.
For context, a liability of
The official assessments notified by the Tax Authority to the Refinery reflect the continued differences in regulatory interpretation between the Tax Authority and the Ecopetrol Group—an issue that the Refinery has detailed in its motions for reconsideration.
Considering that the Tax Authority has decided to apply its regulatory interpretation, Ecopetrol and the Refinery have been making VAT payments on gasoline and diesel imports at the
Ecopetrol and the Refinery reaffirm their commitment to fully comply with their customs and tax obligations and will respect the decisions issued in this matter by the competent authorities, as stated on May 6, 2025 in a communication published through this medium.
Ecopetrol is the largest company in
This release contains statements that may be considered forward-looking statements within the meaning of Section 27A of the
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Head of Capital Markets
Carolina Tovar Aragón
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Marcela Ulloa
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SOURCE Ecopetrol S.A.