Ecuador's Tax Havens List and the Impact on Tax Rates

The Ecuador Internal Revenue Service issued Resolution NAC DGERCGC15-052 on 28 January 2015, and it was published in the Official Registry 3 February. The resolution amends the country's list of jurisdiction considered to be tax havens, which includes over 80 jurisdictions. Two jurisdictions previously included in the list, Hong Kong and Qatar, have been removed.

The tax havens list is important in regard to recent tax reform in Ecuador that was approved and published in December 2014 and ap…