The Colombian Tax Authority (DIAN) has announced that it is working on the final requirements and related computer systems for taxpayers to comply with the country's Country-by-Country (CbC) reporting requirements. For this purpose, the announcement references the guide for the OECD's XML schema for the format of CbC reports.
Colombia's CbC reporting requirements were introduced as part of Law No. 1819 of 2016 and apply for fiscal years beginning on or after 1 January 2016 ({News-2017-08-1…