Ecuador analyses new methodologies for standardisation and harmonisation of tax figures

Within the framework of the improving management action of the Public Finance area being developed in Ecuador with the support of EUROsociAL, the 2nd phase of the technical assistance mission on new methodologies for standardisation of fiscal accounts

This activity is a continuation of the first phase carried out in July 2014, in which a diagnosis was conducted that made it possible to analyse coverage of the Ecuadoran public sector, the different data sources that can be used for compiling tax statistics, and a series of recommendations for improving and automating the compilation of tax statistics.

The work methodology consisted of training civil servants on the implementation and effective application of international guidelines and best practices, the generation of tax statistics and the accounting system of the International Monetary Fund (IMF). In addition, there was analysis of how manuals and guidelines on best practices are prepared and how to adapt Ecuadoran public accounts to enable presentation of internationally comparable tax statistics.

This activity included the participation of representatives from the Ecuadoran Ministry of Finance and the National Director of Tax Statistics and, on the part of EUROsociAL, Spanish experts from the IEF, the Sub-Secretariat of State for Taxes and the National Institute for Statistics.

The third and final phase, which will be implemented in coming months, will be aimed at preparing a document with the Ecuadoran Financial Statistics adapted to the IMF manual.

This activity is part of the Budget-Plan Link action of the Public Finance area of the European Union's EUROsociAL Programme, which is being coordinated by the FIIAPP with the Spanish Institute for Tax Studies as its operational partner. 

FIIAPP