Ecuador publishes individual income tax rates for 2017

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On 29 December 2016, a resolution published in Official Gazette No. 912, established the individual income tax rates applicable to income derived in 2017. The new income tax rates are as follows:

Taxable income (USD) Tax due on lower limit (USD) Marginal rate on the excess (%)
up to – 11290 0 0
11290 – 14390 0 5
14390 – 17990 155 10
17990 – 21600 515 12
21600 – 43190 948 15
43190 – 64770 4,187 20
64770 – 86370 8,503 25
86370 – 115140 13,903 30
over 115140 22,534 35

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