The Ecuadorian Tax Administration issued Resolution No. NAC-DGERCGC20-00000046, which modifies the transfer pricing rules to comply with the arm’s-length principle in transactions involving exports of bananas and to prevent transfer pricing abuse. In addition, it includes the technical standards for the implementation of the transfer pricing regime and the hierarchy of the transfer pricing methods to comply with the arm’s-length principle.
Technical and methodological measures to prevent transfer…