VATupdate

Share this post on

Ecuador Implements 15% VAT on Online Betting, Sports Predictions, and Other Igaming Services

  • Ecuador’s tax agency (SRI) has confirmed a 15% VAT on digital services, including igaming, betting, sports predictions, and related platforms.
  • The VAT applies to all automated digital services provided via the internet with minimal human intervention.
  • Tax treatment depends on the operator’s residency: Ecuadorian operators must collect and remit VAT; non-resident operators with intermediaries have VAT withheld by the intermediary; non-resident operators without intermediaries require users to declare and pay the VAT.
  • The measure aims to formalize the digital sector, clarify taxation rules, and strengthen tax collection through financial intermediaries.

Source: focusgn.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.



Sponsors:

Pincvision
VAT IT

Advertisements:

  • RTC