Ecuadorian Tax Authority reforms definitions and tax treatment for Tax Havens, Minor Tax Jurisdictions and Special Tax Regimes

The Ecuadorian Internal Revenue Service, through an Administrative Resolution, modified the list of regimes and jurisdictions considered as Tax Havens.

In addition, the Tax Administration eliminated the concepts applicable to differentiate a Minor Tax Jurisdiction and Special Tax Regimes as other countries or jurisdictions not included in the Tax Haven lists but still treated as it.