The supplied current Flash says Colombia presented Bill 477 of 2026 to create a voluntary tax-normalization regime for undeclared cryptocurrencies. Under the proposal, holders could report the assets to the National Tax and Customs Directorate (DIAN) by paying 5% of their market value. The same report says the process would remain open until June 30, 2027, if approved. However, the supplied evidence does not include a matching primary congressional record confirming the bill's official filing or legislative stage.

What the Reported 5% Crypto Proposal Would Do

The current report says Bill 477 of 2026 would establish a voluntary tax-normalization regime for undeclared cryptocurrencies, allowing taxpayers to disclose omitted holdings to DIAN by paying 5% of their market value. This is significant because the reported 5% rate would apply to the assets' full value rather than only to gains, distinguishing it from a standard capital-gains tax approach.

Within the reported scope, the proposal would cover previously unreported public addresses, self-custody accounts and positions in protocols. The Flash also says taxpayers would need to make full payment and provide complete, truthful information. The measure would not shield undisclosed assets or legalize resources of illicit origin. If approved, the deadline for completion would be June 30, 2027.

How This Differs From DIAN's Existing Reporting Push

The reported 5% measure is distinct from Colombia's existing DIAN reporting framework. A Holland & Knight search-result snippet describes Resolution 000240 as requiring crypto-asset providers to submit user and transaction information to Colombian authorities from the 2026 fiscal year onward. That indicates a provider-reporting system rather than a taxpayer regularization payment.

This distinction provides the clearest reading of the current situation. The reported bill would give taxpayers an option to regularize previously undeclared crypto holdings through a 5% payment, while the DIAN measure described in the snippet concerns information reporting by service providers. The supplied Flash says the bill complements Resolution 000240, but the official resolution text was not reviewed, so the precise legal relationship between the two has not been established.

What Is Still Missing on Bill 477's Status

The main unresolved issue is the proposal's procedural status. Although the Flash identifies the measure as Bill 477 of 2026, the supplied evidence does not establish a matching official filing record, chamber, committee assignment or debate schedule. As a result, it does not support claims about the next vote or how far the proposal has progressed.

A separate EY Global Tax News search snippet refers to a broader Colombian tax-reform proposal that included a 15% normalization tax on omitted assets. However, this does not establish that it is the same bill, the same version or the same crypto-specific measure. For now, the narrow conclusion supported by the material is that Colombia is the subject of a current report on a proposed 5% crypto regularization regime, while the formal legislative path of Bill 477 of 2026 remains unverified.