Ecuador's Internal Revenue Service (SRI) has published Resolution No. NAC-DGERCGC25-00000003 of 31 January 2025, which updates the withholding tax rates under the monthly self-withholding obligation for companies classified as "large taxpayers". As previously reported, the self-withholding obligation was introduced as part of the Law on Economic Efficiency and Employment Generation and is treated as a credit against the annual income tax due. Withholding rates were originally set through Resolution No. NAC-DGERCGC24-00000003 of 12 January 2024, including different rate ranges based on economic activity as well as specific rates for different large taxpayers from the 2024 tax period. This was subsequently...