The Ecuador Internal Revenue Service (SRI) has published an overview of the procedure for the refund of overpaid advance tax for 2016. According to the procedure, the availability of a refund depends on the taxpayer's effective rate of advance tax (TIE) in comparison with the average TIE, which for 2016 is set at 1.7% for companies and 1.2% for individuals. Where the actual tax due exceeds the…