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Ecuador Decree on Reduction for Advance Tax Payment

|Approved Changes|Ecuador
Ecuador

On 20 November 2017, Ecuador President Lenín Moreno signed Executive Decree No. 210, concerning a reduction of income tax advance payments corresponding to the 2017 fiscal period. The Decree provides a 100% reduction for individuals and companies with annual sales or gross income below USD 500,000, a 60% reduction for those with annual sales or gross income up to USD 1 million, and a 40% reduc…

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