- Ecuador has reduced the VAT rate on the import and sale of electric generators
- The move is aimed at promoting the use of electric generators in the country
- The reduced VAT rate will make electric generators more affordable for consumers
- This is part of Ecuador’s efforts to increase access to electricity and promote renewable energy sources.
Source: research.ibfd.org
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.
