Tag: extractive industries
2 historias encontradas
09 Julio 2021
The complex (and obscure) mining and oil taxation system
The EITI initiative proposes greater transparency on tax collection from extractive industries as well as on the destination of these resources. In the Ecuadorian case, there are a number of reservations about company taxes and little information available from the Internal Revenue Service.
02 Julio 2021
EITI Ecuador and the challenge of making mining and oil transparent
Information on the details of the extractive industry in Ecuador is still at a superficial level, especially in relation to mining, where there is disorder and opacity. Ecuador joined the EITI standard that seeks to make transparent the figures, contracts and shareholders of large mining and oil companies in the world and the process has started. However, there are several complex legal and administrative challenges and expectations due to the change of government.