Ecuador’s Internal Revenue Service (SRI) issued Resolution No. NAC-DGERCGC25-00000003 of 31 January 2025, updating withholding tax rates for “large taxpayers.”
The SRI defines companies as “large taxpayers”.
The self-withholding obligation is a credit against annual income tax.
This follows after the withholding rates were initially determined by Resolution No.NAC-DGERCGC24-00000003 on 12 January 2024, which included various rate ranges based on economic activity and specific rates for large taxpayers starting in the 2024 tax period.
This Resolution was replaced by Resolution No. NAC-DGERCGC24-00000024 of 28 June 2024 revising the withholding tax rates for large taxpayers based on their submitted returns. The rates now range from 0.79% to 10%.
Resolution No. NAC-DGERCGC25-00000003 amends Resolution No. NAC-DGERCGC24-00000024 removes some taxpayers, adds others, and updates their withholding rates for the 2025 tax period.
The self-withholding rate range remains unchanged.
