At the end of December, the Superintendence of Industry and Commerce issued a Resolution establishing the amount of operating income and total assets that companies must consider to determine whether they should report an integration operation from January 1st, 2024.
This year, the SIC maintained the thresholds of operating income and total assets set for 2023, which are 1,641,044.99 Tax Value Units (UVT). Considering the adjustment of the UVT to COP 47,065 in 2024, companies engaged in the same economic activity or belonging to the same value chain must report their participation in integration operations to the SIC when:
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Jointly or individually considered, the companies participating in the integration operation had, in the immediately preceding fiscal year, operating revenues exceeding COP 77,235,782,454.35.
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Jointly or individually considered, the companies participating in the integration operation had, in the immediately preceding fiscal year, total assets exceeding COP 77,235,782,454.35.
