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Ecuador Introduces Cap on Automatic Tax Treaty Benefits for 2016

|Approved Changes|Ecuador
Ecuador

On 14 June 2016, Ecuador published Resolution NAC-DGERCGC16-00000204 in the Official Gazette, which introduces a cap on the automatic application of tax treaty benefits for payments to non-residents. With immediate effect, total payments in excess of USD 223,400 per non-resident are not eligible for automatic treaty benefits, but instead subject to domestic withholding rates. However, the non-r…

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