Ecuadorian Official Gazette: Zero-Rated VAT on Energy Imports Effective Oct. 4

• Circular No. NAC-DGECCGC24-00000007 was published in the Ecuadorian Official Gazette on Oct. 9
• The circular discusses zero-rated VAT applicable to energy imports
• Zero-rated VAT on importing electric energy applies from Oct. 4
• The zero-rated VAT applies to the import and local sale of electric generators and their parts and components

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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