🇪🇨 Ecuador Ecuador imposes new tax on vehicle transfers to curb money laundering 20 December, 2024 HomeTAXCorporate Taxation Ecuador has enacted the Decree Law on the Organic Law for Improving Tax Collection through Combating Money Laundering on 10 December 2024. The Law introduces a new tax of up to 5% on used vehicle transfers, which must be paid by buyers, including individuals and businesses. The tax is based on the vehicle’s sale price and must be paid within 30 days. AmericasEcuador Business income taxation / Computation of taxable income Share This
