The accelerated growth of the digital economy makes it necessary to modernize countries tax systems, both national and subnational, and adapt them to tax more appropriately intangible goods and digital services, in order to avoid the erosion of tax bases through tax avoidance mechanisms and to expand the revenues to…

In Ecuador, during the first quarter of 2022, the Internal Revenue Service collected USD 6,653 million, representing a 37% growth in central tax collection, compared to the value collected in a similar period in 2021. In April 2022 alone, the collection exceeded 2 billion (USD 2,188 million), an increase of 54%…

Recently, the Tax Administration Forum has published a remarkably interesting document entitled “Towards Seamless Taxation”[1], which invites us to rethink about a new Tax Administration (TA) model that surpasses the current approach based on voluntary compliance. Given the importance of SMEs for the economy in general, it is vital to…

Introduction The exchange of tax information (EOI) is a fundamental tool for tax administrations (TAs)[1], which should be used in accordance with principles, scope and limitations[2], among others the rights of taxpayers and other subjects involved. These rights are treated, in the evaluations of international standards, as limits of these…

In the fourth quarter of 2021, 137 countries reached a ground-breaking agreement on the reform of international aspects of Corporate Income Tax (CIT) within the OECD-coordinated Inclusive Framework (IF) on BEPS (Base Erosion and Profit Shifting).Thirty-one of these are Latin American and Caribbean (LAC) countries, and they are currently working…

Global temperatures keep rising. On May 9, 2022, the World Meteorological Organization announced that the average global temperature will most probably reach 1.5° above industrial level for at least one of the next five years, and the likelihood is increasing with time [1]. This 1.5° threshold indicates the point at…