He The Tax Administration (SRI) explained the reasons why it did not include Albania among the tax havens, countries from which, according to certain police investigations, mafias related to drug trafficking would be created, which would operate in Ecuador.

According to SRI’s explanation, Albania did not fulfill the requirements that were determined on the basis of what was decided at the popular consultation in 2017, which was promoted by the then President of the Republic Rafael Correa, and which was later structured by the action of the then Assembly. The law states that for a jurisdiction to qualify as a tax haven, it must meet at least two of three conditions. Albania fulfilled only one of the three conditions. According to the law, it was not possible to include this country in the list.

According to SRI’s explanation, On February 19, 2017, a public consultation was held promoted Correa in which Ecuador made a positive statement about an “ethical pact” against tax havens.

Then, The National Assembly adopted and issued the Law known as the “Ethical Pact”, the same which was published in the Official Gazette on September 8, 2017, which instructs the Tax Administration to maintain a specific list of jurisdictions and regimes that are considered tax havens or lower tax jurisdictions based on certain conditions provided for in the aforementioned law.

Thus, the Tax Administration legally and technically defines the list of tax havens on the basis of what is determined by the decree.

What are the requirements?

This rule provides that regimes or jurisdictions comply with s “at least with two of the three conditions specified in the law.” This analysis, strictly tax-based, is carried out in a general manner in several jurisdictions based on law and on the basis of internal and external sources of information:

According to SRI, these were the reasons why Resolution no. NAC[1]DGERCGC22-00000049 dated September 30, 2022, more than ten jurisdictions and regimes around the world were excluded from the list of tax havens.

The information was presented to the Investigative Committee of the Assembly, chaired by Correísta Viviana Veloz. However, that authority indicated that the SRI did not justify the exclusion of Albania from the list. In this sense, the SRI indicated that the said commission was untrue in its report.

He explained that he was The Director of SRI, Francisco Briones, requested the reading of the mentioned technical explanation during the session, but that didn’t happen. The SRI reported that Briones appeared twice before the Commission and that all tax data of all profiles requested for investigations were sent to the President of the Commission, Viviana Veloz, with her access code and transfer of reservation as required. determines the law.