Ecuador’s Internal Revenue Service (SRI) in a notice, announced an updated annex for the annual tax compliance report for the fiscal year ending 31 December 2023.
The notice outlines submission deadlines, which range from 10 July to 28 July, 2024, based on the ninth digit of the taxpayer’s tax ID (RUC). Taxpayers whose financial statements are audited must submit the annual tax compliance report, including the auditor’s opinion on their compliance with tax obligations.
Related Posts
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
Read More Ecuadorian President Daniel Noboa signed a decree ratifying the income and capital tax treaty with the UK on 13 December 2024. The agreement aims to avoid double taxation on income and capital gains between the two countries. It will apply to
Read More Ecuador introduced the Organic Law for Financial Relief and Economic Strengthening of Generations on 9 December 2024, which took effect on the same date. This legislation includes several key measures which includes an income tax credit for
Read More Ecuador’s President Daniel Noboa has signed Executive Decree No. 470 on 4 December 2024, extending the 15% VAT rate increase through 2025. The VAT rate has been increased from 12% to 15% under the Organic Law to Confront the Internal Armed
Read More
Ecuador’s Ministry of Production, Foreign Trade, Investment, and Fisheries announced that Ecuador and Canada have successfully concluded their fourth round of negotiations for an FTA on 25 October 2024. This meeting, which took place in person
Read More In response to the national energy crisis, the Ecuadorian Tax Authority (SRI) has issued Resolution NAC-DGERCGC24-00000035, amending the rules for the transmission of electronic invoices. Taxpayers must transmit electronic invoices to the Tax
Read More
