Propuesta legal permitiría recaudar más de USD 500 millones y mejorar el control financiero, según el Ministerio de Economía y Finanzas
The proposed Social Transparency Law aims to establish a robust legal framework that promotes financial transparency and tax compliance for all organizations, including non-profits. This legislation seeks to strengthen the supervision of capital flows through the Superintendencia de Economía Popular y Solidaria, ensuring better prevention and detection of irregular financial activities. A key fiscal component involves reforming tax laws on dividend distributions to generate permanent state revenue. This measure supports fiscal sustainability and reduces reliance on extraordinary income, thereby contributing to macroeconomic stability and aligning the financial environment with international standards under the current dollarization model. Stakeholders emphasize the need for nuanced regulatory distinctions between different types of civil society organizations to avoid operational ambiguities. Relevant to open data, this legislative shift underscores the necessity for transparent, accessible, and standardized public information regarding financial flows and organizational risks. Enhanced data availability and clarity are essential for effective supervision, fostering public trust and ensuring that transparency mechanisms accurately reflect the diverse operational realities of both financial and non-profit sectors.
Source: asambleanacional.gob.ecPublished on 2025-08-08
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