Digging further, the research team compiled customs records, VAT (Value-Added Tax) data on purchases, and domestic firm-to-firm trade data, to develop a broad and detailed picture of the value of imports and exports, as well as business transactions that occurred domestically but were related to international trade.
Source: news.mit.edu
Latest Posts in "Ecuador"
- Ecuador Cuts VAT to 8% for Tourism During National Holiday
- Ecuador Removes 12-Day Limit on Temporary VAT Reductions for Tourist Services
- FINTUA Global VAT Guide for September 2025
- New Rules for Cancelling Sales Receipts and Withholding Documents
- Ecuador Reduces Taxes on Electric Vehicles and Eases VAT Rules for Tourism Sector