The income and capital tax treaty between Ecuador and the United Kingdom entered into force on 19 December 2024. The treaty, signed 6 August 2024, is the first of its kind between the two countries. Taxes Covered The treaty covers Ecuadorian income tax and covers UK income tax, corporation tax, and capital gains tax. Residence If a person other than an individual is considered resident in both Contracting States, the competent authorities will determine the person's residence for the purpose of the treaty by mutual agreement, having regard to its place of effective management, the place where it is incorporated...