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Ecuador’s President Noboa Open to Negotiating VAT Hike and Subsidy Cut

  • Ecuador President Daniel Noboa is open to negotiating the value-added tax (VAT) hike.
  • He is willing to modify his proposal to gain approval in congress.
  • This information was revealed in a video interview with La Posta news website.

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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