To include junk food like a Special Consumption Tax is in process

The possibility to include the junk food in the Special Consumption Tax (ICE for its Spanish acronym) is still under analysis in various levels of the government. The SRI (Internal Revenue Service for its Spanish acronym) and the Ministry of Health maintain meetings at technical...

Correa raises tax on ¨harmful consuption¨

The President Rafael Correa raised yesterday, August 29, analyze a tax on “harmful consumption” primarily aimed at cigarette, alcohol and “junk food”. He argued that these items will go to the attention of those who become sick by these bad eating habits...