• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Ecuador’s trade with Asia will take place directly from Posorja
The European Union authorizes the entry of aquaculture products from Ecuador
Guayaquil will activate cameras in 6,000 public buses, school buses and taxis
Beaches in Ecuador attract millionaire investments from real estate groups
The State will not release Glas and Salcedo for ‘irregularities’ in habeas corpus
The airline Arajet will connect the Dominican Republic with Ecuador
Land iguanas reappear in Galapagos and this is the reason
UN: Ecuador is the third country in the world that seizes the most drugs
Ecuador detects new case of monkeypox and adds seven
‘Narco generals’: Comptroller finds evidence of three police officers

Tax law will include analysis of other issues

Posted On 30 Mar 2016

 

marcas-blancas-ecuadortimes-ecuadornewsThe urgent economic bill that is expected to be sent today by the Executive branch to the Assembly would contain, in addition to the ICE increase to drinks and cigarettes, other key issues.

According to legislator and member of the Legislative Administrative Council (CAL) Fausto Cayambe (AP), one of them would be the discussion of the amount of dollars in cash a citizen can take abroad and that are exempt from declaration and taxes. “What if less than $ 10,000 are taken abroad? Do you declare or not declare; Do you have to pay taxes or not? That’s the discussion,” said Cayambe.

Currently, $ 10,000 is the amount exempt from declaration; while the payment of tax on Overseas Remittance is a basic fraction ($ 11,170).

On the ICE, Cayambe explained that four basic criteria for the rise will be addressed: that products do not belong to the basic food basket, that excessive consumption is harmful, prevent smuggling and protect the employment. The increase would be based on liters, he said.

Source: http://www.eluniverso.com/noticias/2016/03/30/nota/5493540/ley-tributaria-incluira-analisis-otros-temas

About the Author
  • google-share
Previous Story

To continue as a leader, Ecuadorian mission in Colombia

Next Story

Tax bill is already at the National Assembly

SEARCH

LATEST NEWS

Ecuador's trade with Asia will take place directly from Posorja

Posted On 11 Aug 2022

The European Union authorizes the entry of aquaculture products from Ecuador

Posted On 11 Aug 2022

Guayaquil will activate cameras in 6,000 public buses, school buses and taxis

Posted On 10 Aug 2022
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net