Ecuador has announced a temporary VAT reduction on tourism-related services, lowering the rate from 15% to 8% from 1 to 4 November 2024. This initiative aims to promote tourism during the upcoming national holidays. The measure, outlined in

Ecuador has recently implemented a Value Added Tax (VAT) cut on electric generator imports and local sales as part of a comprehensive strategy addressing the national energy crisis resulting from extended periods of drought that have adversely

Ecuador's Internal Revenue Service (SRI) has introduced Resolution NAC-DGERCGC24-00000033, outlining the Report of Final Beneficiaries and Corporate Composition (REBEFICS) requirements. It mandates all Ecuadorian companies, as well as foreign

Romania’s government approved a memorandum on 18 September 2024 suspending the 1997 income and capital tax treaty with Belarus. This decision comes in response to Belarus's suspension of specific articles of its tax treaties with 27 countries,

Belarus and China have signed a free trade agreement – strengthening cooperation in a range of sectors including trade, security, energy and finance, in services and investments – on 22 August 2024. China is Belarus's second-largest trading

Ecuador's Internal Revenue Service (SRI) has issued Circular NAC-DGECCGC24-00000005 on 15 August 2024, clarifying the requirements for invoices and receipts related to land transport services, particularly concerning the deduction of costs and the