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Ecuador’s President Noboa Urges VAT Increase Despite Congressional Rejection

  • Ecuador’s President Daniel Noboa wants to increase the value-added tax to 15%
  • The proposal failed to pass the National Assembly
  • Noboa is pushing for the VAT hike despite the setback

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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