• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
The judge does not revoke the preventive detention that weighs on Jacobo Bucaram Pulley, but due to a health problem he ordered his house arrest in Guayaquil
Judge dictates preventive detention against three of the 4 detainees in the Isspol case
Low in oil production in Ecuador makes it difficult to take advantage of the so-called ‘super cycle’ of crude prices
Rafael Correa would be behind the riots in the prisons of Ecuador
‘Jorge Chérrez’s companies owe $ 20 million in interest to Isspol’
Ecuador entered the bid for vaccines against covid-19 since July 2020
With decree 1244, the Government creates Postal Services of Ecuador to replace Correos del Ecuador
The riots in the country’s prisons leave 79 dead
The cost of freight to imports brought from Asia has tripled
Ecuador, the first country in America that together with Europe will fight against the counterfeiting of medical products

A Countdown for the Smuggling of Liquors

Posted On 09 Jan 2017
contrabando-licores-ecuadortimes
The problem has affected domestic manufacturers and licensed importers, those who legally run their businesses and have seen their sales fall due to higher prices and unfair competition from liquors secretly introduced. But also the State. Everything that smuggles in leaves a debit in the collection accounts of the Internal Revenue Service.
And that is reflected in the statistics. The fall in consumption due to the economic tightness that depletes the Ecuadorian’s purchasing power has been felt in the Treasury, due to the lower prices of smuggling. This has caused that the levy for beer, alcoholic beverages, and cigarettes, among others, decreased in 2016 despite the fact that the government approved a reform that raised the rate for industrial beer in April.
The ICE tax per liter of pure alcohol went from $ 7.24 to $ 12, that is, compared with the strongest beverages such as whiskey or rum.
But this was not the primary measure implemented by the State to counteract the effects of the illegal arrival of foreign drink. The key is to be able to trace each bottle. And for that, a system of labeling was created that serves to know the origin, the payment of taxes and the type of drink for sale.

 

The Simar system was approved last year in November, but the Internal Revenue Service decided a month later to defer its actual application, being aware that the system that aims to limit the possibility of irregular alcohol circulation also has an impact on manufacturers that must put it into force.

Source: http://expreso.ec/vivir/la-cuenta-atras-para-el-contrabando-de-licores-GF997888

About the Author
  • google-share
Previous Story

Odebrecht: Ecuador without tracks and pressure from the US

Next Story

Millionaire differences in Refinery´s subcontracts

SEARCH

LATEST NEWS

The judge does not revoke the preventive detention that weighs on Jacobo Bucaram Pulley, but due to a health problem he ordered his house arrest in Guayaquil

Posted On 26 Feb 2021

Judge dictates preventive detention against three of the 4 detainees in the Isspol case

Posted On 25 Feb 2021

Low in oil production in Ecuador makes it difficult to take advantage of the so-called 'super cycle' of crude prices

Posted On 25 Feb 2021
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net