- Ecuador has temporarily reduced VAT on tourism activities during national holidays in November
- The reduction in VAT aims to boost tourism and encourage more people to travel within the country
- The reduced VAT rate will apply to various tourism activities such as accommodations, tours, and transportation
- This measure is expected to benefit both tourists and the tourism industry in Ecuador during the holiday season
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.
