Ecuador's Internal Revenue Service (SRI) has issued Resolution No. NAC- DGERCGC25-00000002, which sets out the coefficients for presumptive tax assessments for the 2023 tax (fiscal) year. The coefficients are used in a presumptive tax assessment when a tax return has not been filed, the return or supporting documentation is incomplete, or the taxpayer fails to cooperate with the tax administration during a direct assessment. The coefficients for 2023, which vary by industry/activity, range as follows: 0.0350 to 0.9860 on total revenue; 0.0363 to 70.6200 on total costs and expenses; and 0.0312 to 2.0569 on total assets. Where a taxpayer's industry/activity...