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Ecuador to Introduce Special Contribution on Assets, Regularization Regime, Incentives for New Investment, and Other Reform Measures

|Proposed Changes|Ecuador
Ecuador

Ecuador's National Assembly is considering the draft Law for Economic Development and Fiscal Sustainability after the COVID-19 Pandemic, which was submitted by the government on 28 October 2021. Some of the key measures include:

  • A temporary special contribution tax on assets as follows:
    • for natural persons with assets of at least USD 1 million as on 1 January 2021, the contribution is equal t…

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