Under the recently published Administrative Regulation 16 of 2016, the National Council of Tax Benefits in Science, Technology and Innovation (CNBT) has set out the maximum amounts deductible for investments made in science, technology and innovation projects for tax year 2017.
The maximum annual amount of investments made by a taxpayer that can be eligible for the tax benefit provided for under article 158-1 of the Tax Code (TC) is COP 600 billion and the maximum annual amount that can be deducted by taxpayers when investing in qualified projects under article 158-1 of the TC is COP 75 billion per project.
