VATupdate

Share this post on

Ecuador Implements Temporary VAT Reduction to Boost Tourism During National Holidays

Ecuador will temporarily reduce VAT from 15% to 8% on tourism services during November 1-4, 2024, coinciding with national holidays. Announced in Decree No. 429, this tax break applies to:

  • Accommodation
  • Food and beverages
  • Tourist transportation
  • Travel agency services
  • Casino and amusement park services

Service providers must reflect the 8% VAT rate on invoices during this period.

Source: regfollower.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:

VAT news
VAT news

Advertisements: