- Ecuador has enacted a new law for tax relief on private-use electric vehicles.
- The law exempts these vehicles from VAT and import duties, excluding motorcycles and hybrids.
- Excise tax exemption applies to vehicles powered by renewable energy with no direct emissions.
- In tourism, the law removes the 12-day limit on temporary VAT rate reductions.
- The changes are effective from 14 July 2025.
Source: regfollower.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.
Latest Posts in "Ecuador"
- 15% VAT Rate to Remain in Effect for 2026 and Beyond Unless Changed by Decree
- Ecuador Confirms 15% Standard VAT Rate Will Remain for 2026
- Ecuador’s VAT Rate Remains at 15%, Confirms SRI Circular
- US Trade Policy Updates: Tariff Changes and Market Access Agreements
- Tax Authority Extends VAT and Withholding Tax Deadlines for Imbabura Region Taxpayers
