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BREAKING NEWS
Ecuador’s oil production falls 51% due to national strike
Guillermo Lasso announces that the National Police and the Armed Forces will act with the necessary means to defend public order and democracy
“Cacerolazo” for Peace in Quito
Contecon will extend the free storage time by 40%, in support of the export sector affected by strikes
76.4% of Ecuadorians consider that the national strike should end after the dialogue, according to Cedatos
BanEcuador will forgive debts of up to USD 3,000 to 9% of its clients
Leonardo Bohrer-Nicolás Lapentti, a binomial with a sporting past that seeks to win the elections at the Guayaquil Tennis Club
Commercial sector experienced an economic blow on Father’s Day
Ecuador, among the countries that suffer the most from the war in Ukraine
Desperation in prisons is a ‘ticking time bomb’

A tax reform that raises expectations

Posted On 23 May 2017

 

EcuadorNews:
The announcement of a new change raises a number of suggestions from the opposition and entrepreneurs. They just ask it to be a positive tax change. This is an opportunity that can not be wasted, say entrepreneurs. They expect that the new president fulfills his campaign offerings and gives way to a “tax truce.” An offer that goes in the opposite direction to the 13 reforms made by the outgoing president Rafael Correa in the last ten years.
Business leaders also call for a review of payments such as the Advanced Income Tax. Chambers of Commerce and associations expect its modification because it affects the liquidity of companies that are experiencing an economic recession.
Wilma Andrade is a legislator of the Left Democratic Party and a member of the Economic Commission of the Legislature. She believes that in addition to revising taxes, the reform must represent incentives for the private sector.
Sources: http://www.expreso.ec/actualidad/una-reforma-tributaria-que-levanta-expectativa-FC1352034
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Ecuador's oil production falls 51% due to national strike

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