2017 Ecuadorian Tax Haven Referendum
   HOME
*





2017 Ecuadorian Tax Haven Referendum
A referendum on banning politicians and civil servants from having bank accounts or companies based in tax havens was held in Ecuador on 19 February 2017, alongside general elections. The proposal was approved by voters, giving officials one year to transfer their assets or be removed from their posts. The question on the ballot was "Do you agree that, for those holding a popularly elected office or for public servants, there should be a prohibition on holding assets or capital, of any nature, in tax havens?"Republic of Ecuador: Referendum
IFES


Classification of tax havens

In preparation for the referendum, the Ecuadorian Internal Revenue Service issued a resolution outlining the criteria for a jurisdiction to be considered a tax haven, establishing two categories: Preferential tax regimes, and low t ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Tax Havens
A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national), and tax compliance refers to policy actions and individual behaviour aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs. The first known taxation took place in Ancient Egypt around 3000–2800 BC. A failure to pay in a timely manner ( non-compliance), along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labor equivalent. Most countries have a tax system in place, in order to pay for public, common societal, or agreed national needs and for the functions of government. Some levy a flat percentage rate of taxation on personal annual income, but mos ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Channel Islands
The Channel Islands ( nrf, Îles d'la Manche; french: îles Anglo-Normandes or ''îles de la Manche'') are an archipelago in the English Channel, off the French coast of Normandy. They include two Crown Dependencies: the Bailiwick of Jersey, which is the largest of the islands; and the Bailiwick of Guernsey, consisting of Guernsey, Alderney, Sark, Herm and some smaller islands. They are considered the remnants of the Duchy of Normandy and, although they are not part of the United Kingdom, the UK is responsible for the defence and international relations of the islands. The Crown dependencies are not members of the Commonwealth of Nations, nor have they ever been in the European Union. They have a total population of about , and the bailiwicks' capitals, Saint Helier and Saint Peter Port, have populations of 33,500 and 18,207, respectively. "Channel Islands" is a geographical term, not a political unit. The two bailiwicks have been administered separately since the late ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


2017 In Ecuador
Events in the year 2017 in Ecuador. Incumbents *President: Rafael Correa (until 24 May); Lenín Moreno (from 24 May) *Vice President: Jorge Glas Events *19 February – The Ecuadorian general election was held alongside a referendum on tax havens. In the first round of the presidential elections, PAIS Alliance candidate Lenín Moreno received 39% of the vote, while his nearest rival was Guillermo Lasso of the Creating Opportunities party, and a second election round was required. *2 April – In the second round of the presidential election, Lenín Moreno was elected President with 51.16% of the vote. *24 May – Lenín Moreno took over as the new president of Ecuador. Deaths *7 January – Luis Alberto Luna Tobar, Roman Catholic prelate, archbishop (b. 1923). References {{South America topic, 2017 in 2010s in Ecuador Years of the 21st century in Ecuador Ecuador Ecuador Ecuador ( ; ; Quechua: ''Ikwayur''; Shuar: ''Ecuador'' or ''Ekuatur' ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


2017 Referendums
Seventeen or 17 may refer to: *17 (number), the natural number following 16 and preceding 18 * one of the years 17 BC, AD 17, 1917, 2017 Literature Magazines * ''Seventeen'' (American magazine), an American magazine * ''Seventeen'' (Japanese magazine), a Japanese magazine Novels * ''Seventeen'' (Tarkington novel), a 1916 novel by Booth Tarkington *''Seventeen'' (''Sebuntiin''), a 1961 novel by Kenzaburō Ōe * ''Seventeen'' (Serafin novel), a 2004 novel by Shan Serafin Stage and screen Film * ''Seventeen'' (1916 film), an American silent comedy film *'' Number Seventeen'', a 1932 film directed by Alfred Hitchcock * ''Seventeen'' (1940 film), an American comedy film *''Eric Soya's '17''' (Danish: ''Sytten''), a 1965 Danish comedy film * ''Seventeen'' (1985 film), a documentary film * ''17 Again'' (film), a 2009 film whose working title was ''17'' * ''Seventeen'' (2019 film), a Spanish drama film Television * ''Seventeen'' (TV drama), a 1994 UK dramatic short starring Christie ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Referendums In Ecuador
A referendum (plural: referendums or less commonly referenda) is a direct vote by the electorate on a proposal, law, or political issue. This is in contrast to an issue being voted on by a representative. This may result in the adoption of a new policy or specific law, or the referendum may be only advisory. In some countries, it is synonymous with or commonly known by other names including plebiscite, votation, popular consultation, ballot question, ballot measure, or proposition. Some definitions of 'plebiscite' suggest it is a type of vote to change the constitution or government of a country. The word, 'referendum' is often a catchall, used for both legislative referrals and initiatives. Etymology 'Referendum' is the gerundive form of the Latin verb , literally "to carry back" (from the verb , "to bear, bring, carry" plus the inseparable prefix , here meaning "back"Marchant & Charles, Cassell's Latin Dictionary, 1928, p. 469.). As a gerundive is an adjective,A gerundive ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Rafael Correa
Rafael Vicente Correa Delgado (; born 6 April 1963), known as Rafael Correa, is an Ecuadorian politician and economist who served as President of Ecuador from 2007 to 2017. The leader of the PAIS Alliance political movement from its foundation until 2017, Correa is a democratic socialist and his administration focused on the implementation of left-wing policies. Internationally, he served as president '' pro tempore'' of the UNASUR. Born to a lower middle-class mestizo family in Guayaquil, Correa studied economics at the Universidad Católica de Santiago de Guayaquil, the University of Louvain (UCLouvain), and the University of Illinois, where he received his PhD. Returning to Ecuador, in 2005 he became the Minister for the Economy under President Alfredo Palacio, successfully lobbying Congress for increased spending on health and education projects. Correa won the presidency in the 2006 general election on a platform criticizing the established political elites. Taking off ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Svalbard
Svalbard ( , ), also known as Spitsbergen, or Spitzbergen, is a Norwegian archipelago in the Arctic Ocean. North of mainland Europe, it is about midway between the northern coast of Norway and the North Pole. The islands of the group range from 74° to 81° north latitude, and from 10° to 35° east longitude. The largest island is Spitsbergen, followed by Nordaustlandet and . The largest settlement is Longyearbyen. The islands were first used as a base by the whalers who sailed far north in the 17th and 18th centuries, after which they were abandoned. Coal mining started at the beginning of the 20th century, and several permanent communities were established. The Svalbard Treaty of 1920 recognizes Norwegian sovereignty, and the 1925 Svalbard Act made Svalbard a full part of the Kingdom of Norway. They also established Svalbard as a free economic zone and a demilitarized zone. The Norwegian Store Norske and the Russian remain the only mining companies in place. Res ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Ostrava
Ostrava (; pl, Ostrawa; german: Ostrau ) is a city in the north-east of the Czech Republic, and the capital of the Moravian-Silesian Region. It has about 280,000 inhabitants. It lies from the border with Poland, at the confluences of four rivers: Oder, Opava, Ostravice and Lučina. Ostrava is the third largest city in the Czech Republic in terms of both population and area, the second largest city in the region of Moravia, and the largest city in the historical land of Czech Silesia. It straddles the border of the two historic provinces of Moravia and Silesia. The wider conurbation – which also includes the towns of Bohumín, Havířov, Karviná, Orlová, Petřvald and Rychvald – is home to about 500,000 people, making it the largest urban area in the Czech Republic apart from the capital Prague. Ostrava grew in importance due to its position at the heart of a major coalfield, becoming an important industrial engine of the Austrian empire. During the 20th century it was k ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Campione D'Italia
Campione d'Italia ( Comasco: , ) is a ''comune'' of the Province of Como in the Lombardy region of Italy and an enclave surrounded by the Swiss canton of Ticino (it is also an exclave). At its closest, the enclave is less than from the rest of Italy, but the intervening mountainous terrain requires a journey by road through the Swiss village of Bissone of over to reach the nearest Italian town, Lanzo d'Intelvi, and over to reach the city of Como. History In the first century BC the Romans founded the garrison town of Campilonum to protect their territories from Helvetii invasions. In 777, Toto of Campione, a local Lombard lord, left his inheritance to the archbishopric of Milan. Ownership was transferred to the abbey of Sant’Ambrogio. In 1512, the surrounding area of Ticino was transferred from the ownership of the bishop of Como to Switzerland by Pope Julius II, as thanks for the support in the War of the Holy League. However, the abbey maintained control over what i ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Ecuador
Ecuador ( ; ; Quechua: ''Ikwayur''; Shuar: ''Ecuador'' or ''Ekuatur''), officially the Republic of Ecuador ( es, República del Ecuador, which literally translates as "Republic of the Equator"; Quechua: ''Ikwadur Ripuwlika''; Shuar: ''Ekuatur Nunka''), is a country in northwestern South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean on the west. Ecuador also includes the Galápagos Islands in the Pacific, about west of the mainland. The country's capital and largest city is Quito. The territories of modern-day Ecuador were once home to a variety of Indigenous groups that were gradually incorporated into the Inca Empire during the 15th century. The territory was colonized by Spain during the 16th century, achieving independence in 1820 as part of Gran Colombia, from which it emerged as its own sovereign state in 1830. The legacy of both empires is reflected in Ecuador's ethnically diverse population, with most of its mill ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Collectivity Of Saint Martin
The Collectivity of Saint Martin (french: Collectivité de Saint-Martin), commonly known as simply Saint Martin (, ), is an overseas collectivity of France in the West Indies in the Caribbean, on – but not identical with – the island of Saint Martin. Saint Martin is separated from the island of Anguilla by the Anguilla Channel. Its capital is Marigot. With a population of 32,489 as of January 2019 on an area of , it encompasses the northern 60% of the divided island of Saint Martin, and some neighbouring islets, the largest of which is Île Tintamarre. The southern 40% of the island of Saint Martin constitutes Sint Maarten, which has been a constituent country of the Kingdom of the Netherlands since 2010 following the dissolution of Netherlands Antilles. This marks the only place in the world where France borders the Netherlands. Before 2007, the French part of Saint Martin was a commune belonging to the French overseas department and region of Guadeloupe. Despite ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]