Ecuador Introduces Profits and Dividends Reporting Requirement

On 18 August 2015, Ecuador published Resolution No. NAC-DGERCGC15-00000564 in the Official Gazette. The Resolution entered into force the day after it was published and introduces a new requirement for taxpayers to submit an annual report (annex) concerning profits, dividends distributed and dividends received during the reporting period (calendar year ending 31 December). The reporting require…