• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Cristian Espinosa was appointed Ambassador of Ecuador to the United States
Daniel Noboa receives the credentials of the new United States ambassador
40,000 women will receive scholarships in higher education
Julian Assange released from prison, after agreement with the United States
Armed Forces: Criminal gangs have lost USD 1.2 billion due to military operations in Ecuador
Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
How can green banana flour enhance baked goods?
“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
Construction of the Encuentro maximum-security prison in Santa Elena begins
National blackout in Ecuador due to transmission line failure, confirms the Government

Alcoholic beverages will pay additional tariff of 25% since March 11

Posted On 09 Mar 2015

licoresAlcoholic beverages face this 2015 a second government measure that will further increase its selling price to the consumer.

Through a tax reform changed the formula for payment of the Special Consumption Tax (ICE) for this year. The new formula, according to the distiller sector meant an increase in the price of this product up to 400%.

From Wednesday, March 11 a new measure that will impact the sector will be added: a Safeguard tariff of 25%. This is an additional tax that applies on the tariff imported beverages already have, a sort of double fee or surcharge.

The aim is, according to the Government, to reduce the imports to prevent the outflow of currency and protect the national economy.

Sparkling wine, malt beer, vodka, cream liqueur, brandy, pisco, extracts to produce brandy, whiskey, wine, rum, gin and Geneva, grape (to produce wine), and others are included in the list of products impacted by the safeguard.

About the Author
  • google-share
Previous Story

Malaysia Airlines flight marks one year of being missing

Next Story

Guayaquil Chamber of Commerce criticizes the implementation of safeguards

SEARCH

LATEST NEWS

ecuadortimes-cristian-espinosa-was-appointed-ambassador-of-ecuador-to-the-united-states_cristian-espinosa-fue-nombrado-embajador-de-ecuador-en-estados-unidos

Cristian Espinosa was appointed Ambassador of Ecuador to the United States

Posted On 28 Jun 2024
ecuadortimes-daniel-noboa-receives-the-credentials-of-the-new-united-states-ambassador_daniel-noboa-recibe-las-cartas-credenciales-del-nuevo-embajador-de-estados-unidos

Daniel Noboa receives the credentials of the new United States ambassador

Posted On 27 Jun 2024
40-000-mujeres-recibiran-becas-en-educacion-superior

40,000 women will receive scholarships in higher education

Posted On 26 Jun 2024
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net