The within the scope of special principles provided that there are no other negative effects within this period from the date of the last detection in the determinations made before the period expires three years must pass for detections of using false documents and two years for detections of using documents that are misleading due to their content. It has been announced that in the event of a tax audit it will be reverted to general principles without waiting for the result of the tax audit. International Tax Bulletin.
The Presidential Decree No. in which the Ratio of Financing Expenses is Determined Has Been Published With the Presidential Decree No. published in the Official Gazette dated . the rate regarding the financing expense restriction to be applied in the taxation Ecuador Mobile Number List periods starting from . was determined as . With the regulations made in the Income and Corporate Tax Laws with the Law No. published in the Official Gazette dated . It has been stipulated that the part to be determined by the Council of Ministers later the President with a maximum of will not be considered as expenditure. For Interest and similar payments excluding interest and similar payments added to investment cost regarding the portion of the liabilities used exceeding the total equity Except for credit institutions financial institutions financial leasing factoring and financing companies.
The aforementioned regulation entered into force on . However it was not actually implemented since the restriction rate was not determined by the Council of Ministers or the President. This time with the Presidential Decree No. published in the Official Gazette dated . the rate regarding the financing expense restriction to be applied in the taxation periods starting from . was determined as . Accordingly of the interest and similar payments excluding the interest and similar payments added to the investment cost corresponding to the part exceeding the equity from.