The agreement takes effect upon the exchange of ratification instruments.

Ecuador’s Internal Revenue Service (SRI) announced the signing of a tax information exchange agreement (TIEA) with Panama on 14 August 2025.

This is the first agreement of its kind between the two nations and will take effect once the ratification instruments are exchanged.

A TIEA is a bilateral arrangement between two nations, designed to create a structured framework for sharing information on both civil and criminal tax issues.