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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

Growth of tributary pressure and two new taxes are contemplated for 2015

Posted On 13 Nov 2014

Smartphone und Stift auf TabelleThe 2015 budgetary assignments contemplates a growth in the tributary burden and the creation of two new regulatory fees.

With regards to the tax burden, the Internal Revenue Service (SRI for its Spanish acronym) indicates that a growth of 13.8% to 13.9 will be presented; plus there will be an increase in the amount of revenue of 6.9% compared to this year.

As to the creation of new taxes, the government is only looking at reforms to subnational capital gain tax and ICE to junk food.

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