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The new penal code envisages 20 tax infractions

Four months ago, Carlos Marx Carrasco, Director of The Internal Revenue Service(SRI for its spanish acronym), announced reforms to the tax code to speed up tax disputes and their respective penalties and fees, but desisted since the new Organic code of Criminal Procedures (COIP...
Posted On 18 Oct 2013
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Negotiations with European Union are postponed until January

The Minister of foreign trade, Francisco Rivadeneira, said that is expected that on January of 2014 will return to the rounds of negotiation with the European Union (EU). During an interview in August, Rivadeneira pointed out that the first appointment could be  in November....
Posted On 18 Oct 2013
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Maduro asks the Pope Francisco the canonization of Brother Gregorio

On wednesday the President of Venezuela, Nicolas Maduro asked to the Pope Francisco the canonization for José Gregorio Hernández, called ” the doctor of the poor people of Venezuela”. Maduro, who named the Pope leader of the fight against corruption, spoke after the...
Posted On 18 Oct 2013
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Biess announces affordable housing deals in 2014

 Yesterday, the  president of the bank of the Ecuadorian Social Security Institute (BIESS for its spanish acronym ) Fernando Cordero, announced that from December 5th this entitywill handle the entire process of granting mortgages, to decrease the process from seven month to...
Posted On 18 Oct 2013
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A budget proforma is almost ready to be checked by the Presidency

Once they received the budget projections of the various entities of the State, the authorities of the Ministry of Finance took charge from last Tuesday to review the consolidated Proforma 2014. The process of defining the budget for next year started on May 31 when the entity...
Posted On 18 Oct 2013
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Characters from the mural in La Atarazana will be changed

The artist Juan Pablo Toral, author of the work “Reales Astilleros,” located in the Pedro Menendez Gilbert Av. overpass, in Guayaquil, decided to replace the faces of public officials that served as a model to recreate Spanish and slaves, which generated controversy....
Posted On 18 Oct 2013
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Today starts the electoral process with some prohibitions

Starting today, the electoral process officially starts to elect local government authorities, convened by the National Electoral Council. These elections seeks the designation of 5,651 dignitaries including mayors, governors, councilors and members of the parish who will be in...
Posted On 18 Oct 2013
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50 Chevron brands were seized in Ecuador.

The Ecuadorian Institute of intellectual property (IEPI) proceeded to the seized of 50 brands of the Chevron company, by a disposition of the Court of Justice of Sucumbios that gives the administration of trademarks, and the collection of royalties that generate in the Ecuadorian...
Posted On 18 Oct 2013
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