Ecuador Sets Transfer Pricing Reporting Requirement Thresholds

The Ecuador tax administration has issued a resolution setting the related party transaction value thresholds for transfer pricing documentation reporting. The thresholds are as follows:

• If the total amount of domestic and cross border related party transactions exceeds USD 3 million in a tax year, the taxpayer must file a transfer pricing informative return (annex) detailing the transactions, including the methods applied for analyzing each; and
• If the total amount of domestic and cross bor…