Ecuador Raises VAT Rate and Implements Security Measures to Fund Enhancements

• Ecuador has officially increased its VAT rate
• The goal is to improve security measures in the country
• The measures are aimed at addressing security concerns in Ecuador

Source: registroficial.gob.ec

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.