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Nathalie Cely, the Coordinating Minister of Production informed through her Facebook and Twitter account that the Green Taxes are being revised. This meant that the bags would be out of the tax payments until they find a more productive measure that foments recycling. Cely also...

The electric rate increase will not be the only value that will be changed from July 1, because with the new rates that will be applied to users who consume over 500 kilowatt hours per month (kWh /month), two surcharges will be added in their bills increasing,...

The Finance Ministry said the tax reform bill that they propose to apply to plastic beverage bottles, plastic bags, and paper is an environmental and health measure. For the government, goods that are intended to be burdened have perfect substitutes such as cloth bags...

Businessmen may spend fifteen days in order to obtain the required certificates to sell their products abroad or to ensure that their items are 100% Ecuadorian or to certify that they were produced with high quality standards, according to the Ministry of Industr...

During a press conference, Alvaro Noboa thanked and congratulated the Ecuadorian workers of Banacont and Cartonera Industry for their support during the closure by the IRS to these businesses on May 30, 2011. The closure of these companies was made by the Internal Revenue Service...

For Douglas Romero, representative of Banancont SA, one of the Noboa Group (Grupo Noboa) companies that were closed this Monday, the measure adopted by the Internal Revenue Service (SRI for its Spanish acronym) is a “show “. “This only happens with Grup...

Today, for a third consecutive day, managers and employees of enterprises Banacont S.A. and Industrial Cartonera Ecuatoriana S.A. gathered outside the facilities of the Internal Revenue Service of Guayaquil to demand the lifting of the closure that has been applied to those...

The Ecuadorian Internal Revenue Service (SRI) reported that the first four months of this year compared to 2010, there were increases of 6.6% in tax collections in Ecuador. Between January and April this year 2010 there have been $ 3,053 million collected in net tax revenue...

After hearing the final results of the last referendum in Ecuador, the director of the Internal Revenue Service (IRS), Carlos Marx Carrasco, started to propose a tax reform. It was initially proposed to levy more taxes on alcohol, cigarettes, drugs and mobile calls but it was...

The Tax Credit certificate will recognize 80% of tariffs paid on domestic products that used to be exported to the United States. This decision was made by the Council of Foreign Commerce (Comex), that left the resolution ready just to be sent yesterday to the Gazette for the...