Multinational companies are now obliged to deliver an annual report to the tax authorities with information disaggregated by country (country-by-country reporting) in order to show where the assets and workers are allocated, how profits are distributed and to whom taxes are paid. Unfortunately,...

In its October-issue INTERECONOMICS published an article on Foreign Enterprises in Mexico. The present article deals with the role of multinationals in Colombia, their merits and the complaints about them. Colombia is of particular interest as a member of the Andes Pact.