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BREAKING NEWS
The judge does not revoke the preventive detention that weighs on Jacobo Bucaram Pulley, but due to a health problem he ordered his house arrest in Guayaquil
Judge dictates preventive detention against three of the 4 detainees in the Isspol case
Low in oil production in Ecuador makes it difficult to take advantage of the so-called ‘super cycle’ of crude prices
Rafael Correa would be behind the riots in the prisons of Ecuador
‘Jorge Chérrez’s companies owe $ 20 million in interest to Isspol’
Ecuador entered the bid for vaccines against covid-19 since July 2020
With decree 1244, the Government creates Postal Services of Ecuador to replace Correos del Ecuador
The riots in the country’s prisons leave 79 dead
The cost of freight to imports brought from Asia has tripled
Ecuador, the first country in America that together with Europe will fight against the counterfeiting of medical products

New taxes Would Apply in Ecuador since January 2012

Posted On 20 Oct 2011

According to Carlos Marx Carrasco (SRI), the Ecuadorian government needs that the tributary reform be approved by court before the end of the year, this way the changes made will be valid on next year.

According to Carrasco, the money received from the tributary reform will finance the payment of teachers and other expenses ($200 million per year). Emergency health is also a priority ($406 millions) and the improvement of fuel is essential for their green politics ($200 millions).

The Reform Project is of urgent economic importance and it will be sent to the Assembly shortly. Regarding the increase of the Departure Tax Foreign Exchange (ISD for its Spanish acronym) from 2% to 5% pretends to keep the money of exportations that do not return to the country. According to Carrasco this will balance the payments and the sustainability of the dollar. (AV)

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LATEST NEWS

The judge does not revoke the preventive detention that weighs on Jacobo Bucaram Pulley, but due to a health problem he ordered his house arrest in Guayaquil

Posted On 26 Feb 2021

Judge dictates preventive detention against three of the 4 detainees in the Isspol case

Posted On 25 Feb 2021

Low in oil production in Ecuador makes it difficult to take advantage of the so-called 'super cycle' of crude prices

Posted On 25 Feb 2021
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