Ecuador Amends Rules on Transfer Pricing Profit Level Indicators and Bananas
Ecuador has published Resolution No. NAC-DGERCGC20-00000046 of 1 July 2020, which amends certain prior resolutions on transfer pricing matters. The main amendments that apply more generally are made to Resolution No. NAC-DGERCGC16-00000532 of 2016 in regard to the calculation of profit level indicators, which includes that taxpayers must use financial information from comparable companies avai…
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