On 29 December 2014, Ecuador published the Organic Law to Promote Production and to Prevent Tax Fraud in the Official Gazette. The law includes the regulations for tax stability contracts.
The regulations primarily apply for large-scale mining investments of at least USD 100 million, but can also apply to other sectors upon request. Companies with stability contracts benefit from a fixed 22% income tax rate when the investment is in metal mining exploitation, and a 25% income tax…