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The Exchange of Tax Information Portal is an initiative of the Global Forum on Transparency and Exchange of Information for Tax Purposes. The Global Forum conducts peer reviews of its member jurisdictions' ability to co-operate with other tax administrations in accordance with the internationally agreed standard. The standard provides for exchange of information on request where it is foreseeably relevant to the administration and enforcement of the domestic tax laws of the requesting jurisdiction. Effective exchange of information requires that jurisdictions ensure information is available, that it can be obtained by the tax authorities and that there are mechanisms in place allowing for the exchange of that information. The Global Forum's peer review process examines both the legal and regulatory aspects of exchange (Phase 1 reviews) and the exchange of information in practice (Phase 2). The EOI Portal will track the development of these peer reviews, including changes that jurisdictions make in response to the Global Forum's recommendations.

News: Ecuador commits to exchange CRS information by 2020

Ecuador commits to exchange CRS information by 2020

23 Jul 2019

At a meeting in Quito on 23 July 2019, hosted by the Vice-President of Ecuador, His Excellency Otto Sonnenholzner, Ecuador committed to implement the international standard on automatic exchange of financial account information (AEOI) by 2020.

http://www.oecd.org/tax/transparency/ecuador-commits-to-exchange-crs-information-by-2020.htm