Tax fines distress employers

Image: Expreso

Three months of tax payments that were not foreseen in the tight accounts of some employers and natural persons are yet to come.

Xavier Salem, a young entrepreneur from Guayaquil, thinks that is important to express solidarity with the victims the earthquake 16A, but he recalls that we are going through an plunging economic cycle, and these new contributions will raise the cost of living.

In his case, he closed the Armani franchise in Guayaquil, and held open the Quito franchise for one year, until safeguards are removed in June 2016, but the business will not be sustainable, he portends, since these surtaxes were extented for another year: until June 2017.

Source: http://expreso.ec/economia/las-multas-tributarias-tensan-a-empresarios-EC343071