The ORGANIC LAW ON PUBLIC INTEGRITY was published in Official Gazette No. 68 of June 26, 2025. The following is a synopsis of the tax reforms enacted in the aforementioned law.
Interest in favor of taxpayers
1.- The applicable rate for the recognition of interest in favor of taxpayers who require the restitution of taxes paid in excess and unduly, shall be equivalent to 50% of the reference lending rate for 90 days set by the Central Bank of Ecuador.
2.- The interest in reference shall be computed from the date of filing of the request for refund of the overpayment or the claim for undue payment, until the date of notification of the respective administrative act.
3.- The Tax Administration may suspend the refund procedure in order to make a complementary determination in accordance with Art. 131 of the Tax Code. During the suspension, interest in favor of the taxpayer shall not be computed.
Tax remission
Taxpayers may benefit from the remission of 100% of interest, fines, costs and surcharges derived from tax obligations, when the generating event has occurred up to December 31, 2024. In order to qualify for such remission, payment of the obligations must be made by December 31, 2025.
5.- If before the entry into force of this Law the taxpayer made payments that added together are equivalent to the capital of the obligation, the remaining interest, fines and surcharges will be remitted. The values that exceed the amount of the capital of the obligation do not constitute undue payment or payment in excess.
Income Tax for fiscal year 2024 is excluded from the remission foreseen in this provision.
Quito D.M. / Guayaquil, June 2025
