• Service: Tax, Global Transfer Pricing Services, Global Compliance Management Services
  • Type: Regulatory update
  • Date: 1/25/2013

Ecuador - New transfer pricing reporting requirements  

January 25: New measures published in the official gazette (on 24 January 2013) require taxpayers to comply with certain reporting requirements with respect to their related-party transactions.
  • Taxpayers must now file with the tax authorities a schedule of related-party transactions when the aggregate total amount of transactions with the related party (whether domestic or foreign) exceeds US $3 million a year.
  • Taxpayers must now file with the tax authorities a “comprehensive transfer pricing report” when the aggregate total amount of transactions with the related party (whether domestic or foreign) exceeds US $6 million. This report is to be submitted both in paper and electronic format.

These provisions are effective today (i.e., the day following publication in the official gazette).

Read a January 2013 report (Spanish) [PDF 163 KB] prepared by the KPMG member firm in Ecuador: Reforma sobre obligaciones formales de Precios de Transferencia

Contact a tax professional with KPMG's Global Transfer Pricing Services.

©2014 KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.

The KPMG logo and name are trademarks of KPMG International.

KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever.

The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

Direct comments, including requests for subscriptions, to
For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at:

+ 1 202 533 4366

1801 K Street NW
Washington, DC 20006.


Share this

Share this


Subscribe to receive the latest TaxNewsFlash email alerts (you must select the option for TaxNewsFlash)

Already a Subscriber? Login

Not a member? Subscribe now