Within the framework of the Cooperation Agreement signed between the Inter-American Center of Tax Administrations-CIAT and the Organization for Economic Cooperation and Development-OECD, intended to strengthen and modernize the international taxation areas and the related administrative structures of the tax administrations of the CIAT member countries, and sponsored by the Internal Revenue Service (SRI) of Ecuador, the Seminar-Workshop on “Transfer Pricing and Information Exchange” was successfully held in the city of Quito, Ecuador on August 24-27.

The General Director of Revenues of Ecuador, Mr. Carlos M. Carrasco, the CIAT International Cooperation Manager, Mr. Gonzalo Arias and the OECD Transfer Pricing Expert, Wolfgang Büttner, made statements at the inauguration of the event. The distinguished international speakers from different tax administrations of the CIAT member countries were: Mrs. Donna O’Connor from the Revenue Canada Agency, Mr. Gerardo Montes from the SII of Chile, Mr. Sidi Mohamed Zeddoun, from the DGFIP of France, Mr. Stefano Gesuelli from the Guardia di Finanza of Italy, the Revenue Commissioner of the Kenya Revenue Authority, Mr. John Njiraini, Mr. Sergio Pérez Cruz from the SAT of Mexico, Mr. Joaquim Souza from the DGI of Portugal and Mr. Wolfgang Büttner. Other participants were the Director of the Internal Revenue Service of Chile, Mr. Julio Pereira and representatives from Costa Rica, Dominican Republic, El Salvador, and Paraguay, as well as distinguished officials from the Internal Revenue Service and Customs Service of Ecuador.

The CIAT Executive Secretariat presented two papers: “Comparative analysis of the regimes for controlling transfer pricing in Latin America” and “Aspects to be taken into account for an effective application of the rules for controlling transfer pricing”, both by Mr. Gonzalo Arias.

Participants and speakers had the opportunity to discuss legal and operational aspects related to the control of abusive manipulation of transfer pricing, as well as consider the needs of the tax administrations that are beginning to work in this area, which were taken into consideration by the sponsoring international organizations and representatives of the countries present. This event allowed for perceiving that there is a certain consensus on the part of Latin American countries for implementing, improving and effectively applying regimes for controlling abusive transfer pricing, which was evidenced through the knowledge of officials of the subject matter, the experiences presented and the accuracy with which needs were presented.

Official Photo: Transfer Pricing and Information Exchange Seminar-Workshop.