Business
Update on the VAT proceedings related to fuel imports
Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (the "Company" or "Ecopetrol") reports that on January 22, 2026, the Colombian National Tax and Customs Authority ("DIAN") notified Ecopetrol of Resolution 000571 (the "Resolution"), in accordance with its interpretation and customs procedures. By means of this Resolution, DIAN confirmed its prior decision issued in the Official Correction Assessment 6224-2078 dated August 25, 2025, which mandated the payment of certain Value Added Tax (VAT) on gasoline
About this update from Ecopetrol Sa
[{"type":"text","content":"BOGOTA, Colombia, Jan. 23, 2026 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (the "Company" or "Ecopetrol") reports that on January 22, 2026, the Colombian National Tax and Customs Authority ("DIAN") notified Ecopetrol of Resolution 000571 (the "Resolution"), in accordance with its interpretation and customs procedures. By means of this Resolution, DIAN confirmed its prior decision issued in the Official Correction Assessment 6224-2078 dated August 25, 2025, which mandated the payment of certain Value Added Tax (VAT) on gasoline imports and a penalty, which together amount to COP 5.3 trillion, plus interest for late payment, accrued between 2022 and 2024.","length":716,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Ecopetrol S.A.)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Ecopetrol S.A.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":141,"url":"https://media.zenfs.com/en/prnewswire.com/e8cafca3c864cd1d6b9d7e5819c8e320"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ntYhuyKX4q5Z0wbsUa4tqg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI0OTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/e8cafca3c864cd1d6b9d7e5819c8e320","width":400,"height":141}},"href":"https://mma.prnewswire.com/media/2321203/ecopetrol_s_a__logo_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"As previously communicated, Ecopetrol has expressed its disagreement with DIAN's decision and interpretation of the laws. Given that such difference in regulatory interpretation between DIAN and the Company remains, Ecopetrol expects to pursue the appropriate legal actions in accordance with current tax and customs regulations.","length":333,"tagName":"p"},{"type":"text","content":"This legal dispute has been managed in a collaborative manner and within a framework of joint work between the company and the tax authority. Ecopetrol reaffirms its commitment to fully comply with its customs and tax obligations and will respect the decisions issued by the competent authorities in resolving this matter.","length":322,"tagName":"p"},{"type":"text","content":"-------------------------------------","length":37,"tagName":"p"},{"type":"text","content":"Ecopetrol is the largest company in Colombia and one of the main integrated energy companies in...