The Regional Seminar on “Taxation of Large Businesses – Transfer Pricing was held in Bogota, Colombia, on November 23-25, 2010, with the participation of tax administration officials from Latin America, representatives of multinational businesses and tax advisers.

This is an annual activity that is being carried out with InWent’s financing since 2008, for discussing taxation of large businesses.

The participants on this occasion were independent consultants, representatives from the tax administrations of Chile, Colombia, Costa Rica, Ecuador, Guatemala, Panama, Paraguay, Peru and Uruguay, as well as from the Colombian-German Chamber of Industries, GTZ, KPMG, Morison Consulting, InWent and CIAT.

The high level technical discussions resulted in valuable conclusions.

On the last day, within the sphere of working groups coordinated by InWent and CIAT, a procedure was discussed for carrying out an effective transfer pricing audit, which hereinafter shall take place in a virtual space proposed by InWent.

All the documents presented in this Seminar may be accessed and downloaded at the CIAT Library, following registration in MyCIAT.