Colombia's National Tax Authority (DIAN) recently published Resolution 57 of 26 July 2016, which lists out the recognized stock exchanges for the purpose of Colombia's place of effective management rules. Under the general rules, if a foreign company's place of effective management is in Colombia, it will be considered a Colombian resident and taxed on its worldwide income. However, if a foreign company has issued bonds or shares on the Colombian Stock Exchange or other recognized internation…