How to apply withholdings to temporary unions or consortiums…?

It is a question that resounded in the accounting community among the great commentators and tax experts, the question of consortiums and temporary unions in exchange for the withholding tax format 350 from the DIAN.

We, on our side, requested that the DIAN respond and this is what it concluded (Words taken from the text):

"In the event that the billing is carried out by the consortium or temporary union under its own NIT, it must be
determine the percentage or value of the income that corresponds to each of the members of the consortium or union
temporary with the name and NIT of each of them indicated. In this case, whoever makes the payment or deposit in
account must practice the respective withholding at source for the consortium or temporary union as income and corresponds
its members to assume the withholding tax in proportion to their share of the invoiced income.”

Now, remember to ask for the RUT of the consortium or temporary union, review page 4 and review box 121 and see what the percentage of participation of this is and prorate according to their income to each of the members of these types of collaboration contract their respective withholding and relate it in format 350 as legal entities.

You know, my friend, accountant, or, failing that, my best friend, accounting assistant, don't make mistakes, check your RUT and work harder...!