Ecuador’s Internal Revenue Service (SRI) has amended the Mining Annex reporting requirements through Resolution No. NAC-DGERCGC25-00000007, effective from 28 March 2025.
The revised resolution updates criteria from the previous Mining Annex requirements outlined in Resolution No. NAC-DGERCGC25-00000004, introduced on 20 February 2025.
Key changes include:
- The scope of individuals and entities required to submit the Mining Annex has been adjusted. Natural persons and companies involved in the transportation of metallic and non-metallic minerals are no longer included, while taxpayers engaged in trading non-monetary gold with the Central Bank of Ecuador are now required to comply.
- Exceptions to the submission requirement have expanded to cover holders of artisanal mining permits who do not trade non-monetary gold with the Central Bank of Ecuador, as well as holders of mining concessions for aggregates and stones.
- A new Article 9 mandates that individuals subject to the Mining Annex submit copies of relevant operational, mandate (agency), and mineral sale contracts, along with any addenda, for the periods reported. These must be submitted by 31 December of the fiscal year when the contracts or addenda are signed.
- The transitional provision requiring the submission of contracts for 2022, 2023, and 2024 by 31 March 2025 has been updated. These contracts, along with any addenda, must now be submitted by 31 May 2025, including those signed by that date.
Earlier, Ecuador’s Internal Revenue Service (SRI) has issued Resolution No NAC-DGERCGC25-00000004 of 20 February 2025, outlining the rules for the new Mining Annex (Anexo Minero).
