An insight into the windfall profits tax

Authors

  • Javier Bustos Universidad San Francisco de Quito
  • José Elías Bermeo Universidad San Francisco de Quito
  • Ricardo Montalvo Universidad San Francisco de Quito

DOI:

https://doi.org/10.18272/lr.v1i2.870

Keywords:

Windfall profits tax, partnership agreement, service agreement, origin, Legal nature, contractual equilibrium

Abstract

The purpose of this work is to establish what a windfall profits tax is and determine if it conforms to the general principles of taxation. Accordingly, we have critically examined its origin, nature and legal effectiveness in accordance to the conditions of government procurement in the country that have been implemented in recent years. As such, we seek to create a space for analysis of these new taxes, of which little has been written in the past and are a new source of revenue for the state. .

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Author Biographies

Javier Bustos, Universidad San Francisco de Quito

Universidad San Francisco de Quito, profesor del Colegio de Jurisprudencia, Campus Cumbayá, Casilla Postal 17-1200-841, Quito 170901, Ecuador.

José Elías Bermeo, Universidad San Francisco de Quito

Universidad San Francisco de Quito, estudiante del Colegio de Jurisprudencia, Campus Cumbayá, Casilla Postal 17-1200-841, Quito 170901, Ecuador.

Ricardo Montalvo, Universidad San Francisco de Quito

Universidad San Francisco de Quito, estudiante del Colegio de Jurisprudencia, Campus Cumbayá, Casilla Postal 17-1200-841, Quito 170901, Ecuador.

Published

2014-05-01

How to Cite

Bustos, Javier, et al. “An Insight into the Windfall Profits Tax”. USFQ Law Review, vol. 1, no. 2, May 2014, pp. 1-13, doi:10.18272/lr.v1i2.870.

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Papers