• 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

Tax collection will fall by $ 700 million

Posted On 18 Nov 2016
13-10-2016-impuestos 
Tax collection, according to the Internal Revenue Service (IRS), dropped from January to September compared to the same period in 2015. In October, however, there is slight growth. This swing of figures forced a review of the annual forecast downward.

The IRS expected revenues for $ 14 billion this year. On that basis, the General State Budget of 2016 was built. Now, after the earthquake of April 16 and the fall of the economy, it is expected that tax revenues do not exceed 13.3 billion dollars. That is, about 700 million less.
Leonardo Orlando, director general of the agency, emphasizes that, despite the fall in the tax revenues, the collection of the last quarter will have positive numbers. In October there is an increase of 4% compared to the same month last year.
The rise, however, does not help in the general collection. From January to October 2015, 11,532 million dollars were obtained, in contrast to the same period of this year 10,269 million were collected. An 11% drop. This amount does not include the values achieved by the solidarity law for the reconstruction of Manabi and Esmeraldas after the earthquake of April 16.

 

Source: http://expreso.ec/economia/la-recaudacion-tributaria-caera-unos-700-millones-HK862779

About the Author
  • google-share
Previous Story

AP Assemblyman denounces possible criminal negligence in the Petroecuador case

Next Story

More executives of the Ecuadorian Football Federation will be investigated

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