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Ecuador Implements Exceptional Instalment Tax Payment Scheme

|Approved Changes|Ecuador
Ecuador

Ecuador's Internal Revenue Service (SRI) has published Resolution NAC-DGERCGC20-00000001 of 6 January 2020, which provides for the implementation of the exceptional installment tax payment scheme contemplated in the recent Law of Simplicity and Tax Progressivity (Law No. SAN-2019-1270). The scheme includes a one-time option to pay taxes due up to 31 December 2019 in 12 equal monthly installmen…

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