Secret comparables authorised in new Ecuadorian law
June 15, 2010
Alexis Carrera of Ernst & Young in Ecuador explains that the Ecuadorian tax administration seems to be straying further from transfer pricing best practices and the OECD guidelines.
Last December, the National Assembly approved a law where a safe harbour has been implemented, and last week the use of secret comparables has been sanctioned by the issuance of Tax Law Regulation by presidential decree.
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