- The 12-day limit on temporary VAT reductions for tourist services in Ecuador has been removed. Previously, the President could reduce the VAT rate to 8% for up to 12 days a year during National Holidays. An amendment to the Internal Tax Regime Law now allows this reduction without the 12-day restriction, enabling continued 8% VAT during Autumn, Christmas, and New Year Holidays.
Source: fintua.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"
- Ecuador Cuts VAT to 8% for Tourism Services During Carnival to Boost Local Travel
- VAT Reduction for the Tourism Sector during the 2026 Carnival Holiday
- Ecuador Imposes 30% Customs Control Fee on Goods Entering from Colombia
- 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
