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Ecuador’s Reduced VAT Rate for Construction Materials: Eligible Items Listed by Internal Revenue Service

  • Ecuador Internal Revenue Service (SRI) published Resolution NAC-DGERCGC24-00000013
  • List of construction materials eligible for reduced VAT rate of 5% established
  • Aimed at promoting construction industry and reducing tax burden on materials
  • Intended to stimulate economic growth and development in Ecuador

Source: orbitax.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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