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VAT contracted by 21.4% until April this year, according to the IRS

  In the first quarter of the year, the collection of the value added tax (VAT) fell by 21.4% compared to the same period of 2015, according to the April report of the Internal Revenue Service (IRS). Between January and April 2016, the VAT collected net revenues by $ 1,934.03...
Posted On 25 May 2016
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Rafael Correa: The country must take vacations from me, and I also have to take vacations from the country

    The last Report to the Nation by President Rafael Correa, was marked by an evocation of the earthquake of last April 16 and the justification of the measures taken to address the emergency, and Correa even announced that he will send the inheritance and capital gains bills to...
Posted On 25 May 2016
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Director of the Washington Post says he feels honored with the criticism from Venezuela and Ecuador

Director of the Washington Post, Martin Baron, said today that the problems of press freedom in countries like Venezuela, Ecuador and Argentina are “a warning call” and said he carries as medals of honor the criticism of Presidents Rafael Correa and late Hugo Chavez....
Posted On 25 May 2016
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European Commission: the extension of the safeguards will be analyzed in the WTO

  The will to conclude the process of approval of the agreement with the European Union before the end of the year remains steadfast in the Commission. Sources of that institution have assured they will make every effort to cooperate with the Council and th...
Posted On 25 May 2016
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The Alvaro Noboa´s party has submitted 437.094 affiliations to the CNE

“Four hundred thirty-seven thousand and ninety-four (437,094) affiliations of the Adelante, Ecuatoriano, Adelante party have been submitted today to the National Electoral Council because businessman Alvaro Noboa will be our candidate for President of the Republic, in the...
Posted On 25 May 2016
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Rafael Correa will send inheritance and capital gains bills to the assembly again

  Although he said he will wait a reasonable time, President Rafael Correa said Tuesday during the reading of the report to the nation he will send the inheritance and capital gains bills to the assembly to be treated again. Correa said Tuesday that his main goal in his last year...
Posted On 25 May 2016
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Doubts by official data on economic growth in Ecuador

  Economy grew by 0.3% in 2015, according to the bulletin of national accounts published by the Central Bank of Ecuador (BCE for its Spanish acronym) in March. This data is questioned in two analyzes. In the official estimates, the performance of the components of gross domestic...
Posted On 25 May 2016
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Rejection of business owners to the inheritance and capital gains bills

  Businessmen and analysts question the announcements of President Rafael Correa during his last report to the nation. They reject the intention to send, again the bills of inheritance and capital gains to the assembly. For the President of the Chamber of Commerce of...
Posted On 25 May 2016
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