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Ecuador Publishes Resolution on Reduced Tax Rate for Micro and Small Enterprise and Exporters

|Approved Changes|Ecuador
Ecuador

Ecuador has published Administrative Resolution CPT-RES-2019-005 in the 26 November 2019 edition of the Official Gazette which establishes the procedures for qualifying taxpayers to apply the 22% corporate tax rate that was maintained for micro and small enterprise, and exporters that maintain or increase employment as part of the 2018 tax reform. As part of the reform, the corporate tax rate w…

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