Ecuador's President has issued Executive Decree 1021 of 27 March 2020, which provides a tax payment deferral for sectors most affected by the COVID-19 pandemic. This includes that corporate income tax for the 2019 tax year and value added tax (VAT) due to be paid in April, May, and June 2020 may be deferred by paying in installments over a period of six months. The payment deferral is available…