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Ecuador Parliament Considering Draft Bill for New Tax Incentives

|Proposed Changes|Ecuador
Ecuador

The Ecuador National Assembly is reportedly considering a draft bill that would provide for a number of new tax incentives to promote investment in the country. The incentives include:

  • A 10-year tax holiday (exemption) for investments made in priority activities outside of Quito and Guayaquil;
  • An 8-year tax holiday for investments made in the Cities of Quito and Guayaquil; and
  • Tax holidays up …

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