• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
The Government withdraws from the dialogue table after the death of a soldier
Popular oil would arrive in stores from this week at prices ranging from $1 to $1.25
Legislators denounce pressure and threats to vote for the removal of the President of the Republic, Guillermo Lasso
Conaie agrees to meet with representatives of all State powers
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

Bill to repatriate capital still in process

Posted On 29 Aug 2017

Ecuadornews:

 

 

The Government seeks to attract more resources through a Capital Repatriation Law. The initiative announced by President Lenin Moreno – on July 28 – still does not reach the Legislature. The last public event where the authorities referred to the issue was during the meeting of the Productive and Tax Advisory Council, on August 14, in Guayaquil. 

Since then it has been known that the options embraced by the regime are: the reduction of tariffs and special treatment for the collection of the tax on the exit of foreign exchange (ISD). Another idea is to determine incentives for the money to return.

According to official estimates, around $ 30,000 to $ 36,000 million would be outside the country, although it is not yet clear how much would be recovered with the bill.
In the region, Chile and Argentina are recent examples of the results that the state coffers have obtained after applying a law similar to the one the Ecuadorian Government has in mind. (I)

 

Source: http://www.eltelegrafo.com.ec/noticias/economia/8/proyecto-de-ley-para-repatriar-capitales-continua-en-proceso

About the Author
  • google-share
Previous Story

Corruption has been the protagonist in the first 100 days of administration of President Lenin Moreno

Next Story

Alvaro Noboa on leaked emails: ‘After several years the press proved me right’

SEARCH

LATEST NEWS

The Government withdraws from the dialogue table after the death of a soldier

Posted On 28 Jun 2022

Popular oil would arrive in stores from this week at prices ranging from $1 to $1.25

Posted On 28 Jun 2022

Legislators denounce pressure and threats to vote for the removal of the President of the Republic, Guillermo Lasso

Posted On 28 Jun 2022
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net