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Ecuador Establishes 100% VAT Withholding Requirements for Government Entities and Universities

|Approved Changes|Ecuador
Ecuador

Ecuador's Internal Revenue Service (SRI) has published Resolution NAC-DGERCGC21-00000037 of 31 July 2021, which establishes rules for 100% withholding of VAT by government entities and universities. This includes that the following taxable persons are required to act as withholding agents:

  • The entities and agencies of the central government, their decentralized bodies, and their public (state…

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