President Correa announces Oil Coverage Bill

Yesterday, within the framework of the delivery ceremony of vehicles to the Army, President Rafael Correa announced he will send to the assembly the new draft Oil Coverage Act, which aims to “better protect officials who take technical decisions as acquiring an oil...

Exporters will benefit thanks to new measures

In recent days, the government decreed the exemption of the income tax payment of 2015, as well as the automatic refund of taxes (drawback) for the export sector. Flowers and tuna have been affected in the past year due to the competitiveness of other markets and the appreciation...