Abstract
Nowadays, there is a margin for Corporate Social Responsibility (CSR) in tax matters due to the current mismatch between the rules in the domestic tax systems and the worldwide enterpreneurial activity. However, the International regulatory framework is being reconsidered. This will affect the CSR features in this ambit. This phenomenon is of special interest for foreign direct investment, referring here to the Latin-American context. In developing countries, the "quality" of FDI depends on being "socially responsible". In addition, through the global value chains the effects of the transparency could be multiplied, in the fulfilment of tax obligations, among others. Eventually, after the inclusion of the tax element in the CSR agenda, progress is being made towards an inminent narrowing of the margin for its application.
