Ecuador's Internal Revenue Service (SRI) has issued Resolution NAC-DGERCGC25-0000000001, which establishes the rules for the optional 12-month payment plan for outstanding tax balances introduced by the Organic Law for Financial Relief and Economic Strengthening of Generations in Ecuador. As previously reported, the law provided an option for taxpayers with outstanding tax balances up to 31 October 2024 to apply for a 12-month payment plan with interest adjustments. The Resolution establishes the term to access the exception payment plan, which is 60 calendar days from 10 December 2024 (the day after the Law was published). Interested parties must submit the respective...