On 4 August 2020, the Government published a Resolution No. NAC-DGERCGC20-00000051 of 4 August 2020, which establishes rules of how to collect an exceptional advance tax payment pursuant to Executive Decree No. 1109 of 31 July 2020. It applies for both individuals and companies, including branches and permanent establishments of non-residents in Ecuador that:
- Derive income subject to income tax;
- Recorded gross income of at least USD 5 million in the tax return for 2019;
- Obtained accounting profit during the period January to June 2020, excluding, in the case of natural persons, employment income.
