The income and capital tax treaty between Ecuador and the UK entered into force 19 December 2024.
Earlier, Ecuadorian President Daniel Noboa signed a decree ratifying the income and capital tax treaty with the UK on 13 December 2024.
The agreement aims to avoid double taxation on income and capital gains between the two countries. It will apply to taxes on income and capital gains imposed on behalf of Ecuador or the UK, or their political subdivisions or local authorities.
The United Kingdom and Ecuador signed the treaty on 6 August 2024.