The law allows taxpayers to fund recognised sports activities in exchange for tradable income tax credits.
Colombia’s Congress has enacted Law 2490-2025, effective 17 July 2025, introducing income tax incentives for individuals and entities investing in sport, recreation, and physical activity through agreements with organisations recognised by the National Sports System.
Under Article 257-1 of the Tax Code, taxpayers can obtain tradable securities for income tax payment purposes by funding eligible activities such as infrastructure development, provision of equipment and uniforms, programmes for vulnerable populations, athlete scholarships, coach training, and sports tourism.
The scheme will be implemented gradually to mitigate fiscal risks.
Applicable to all national and foreign income and complementary tax taxpayers, the law prioritises investment in hard-to-access areas, ZOMAC municipalities, and PDET zones. Annual calls may be issued to support high-performance athletes in affiliated organisations.
The Ministry of Sport and the Ministry of Finance must regulate the law within one year, including establishing eligibility criteria, conducting periodic audits, and ensuring DIAN approval for the issuance and redemption of securities. Simulated agreements or misuse of securities will trigger administrative, financial, and criminal sanctions.
