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Ecuador Introduces Tax Support and Other Measures as Part of the Law on Energy Competitiveness

|Approved Changes|Ecuador
Ecuador

On 11 January 2024, Ecuador published the Law on Energy Competitiveness in the Official Gazette. Among other things, the law provides the following tax measures:

  • An additional 100% tax deduction for depreciation and amortization expenses incurred in the acquisition of machinery, equipment, and technologies used to implement distribution systems for non-conventional renewable energy for self-s…

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