VATupdate

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Ecuador Implements 15% VAT Rate Increase Starting April 1, 2024

  • Standard VAT rate in Ecuador increased to 15% effective April 1, 2024
  • Executive Decree No. 198 issued by the President on March 15, 2024 led to the VAT rate increase

Source: sovos.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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