VATupdate

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Developments in 2020: 12% VAT on Digital Services, small companies to defer VAT payments

  • Imposed a 12% VAT on digital services
  • COVID-19: Small businesses and companies that are airlines or are in the tourism or agriculture industries may defer income tax and VAT payments for six months. This provision also applies to exporters

See also All newsitems posted in 2020 for Ecuador

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