- VAT will rise to 15% from April 1, 2024
- President Daniel Noboa confirmed the increase in an interview
- The increase is in accordance with the Law to confront the internal armed conflict
- The President has the power to raise the rate up to 15%
Source: breakinglatest.news
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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