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BREAKING NEWS
Extra and eco gasoline prices at $2.40 and diesel at $1.75 are already in force in Ecuador
Ministry of Agriculture began the delivery of seeds, inputs and subsidized fertilizers up to 70%
Guillermo Lasso: ‘Now together we begin the task of transforming this peace into progress, well-being and opportunities for all’
Government and Conaie agree to end the strike after a tense morning
Ecuador asks Mexico for a response on bananas and shrimp
Losses in the non-oil export sector amount to $85 million in 16 days of strike
The Government withdraws from the dialogue table after the death of a soldier
Popular oil would arrive in stores from this week at prices ranging from $1 to $1.25
Legislators denounce pressure and threats to vote for the removal of the President of the Republic, Guillermo Lasso
Conaie agrees to meet with representatives of all State powers

The IRS will charge taxes on companies if shareholders do not appear

Posted On 27 May 2016

SRESS-ECUADORTIMES

 

When digging deeper into the newly born Solidaridad Act, more concerns of the employers come to light. One has to do with equity tax or the capital representative rights, in that order, for persons or non-resident companies in the country.

The uneasiness is now on the fact that if the holder of rights such as stocks or shares in companies in Ecuador is not localizable, taxes will be charged by the IRS. Then the IRS will have the titanic task of finding taxpayers to settle accounts. The problem is that it is not always easy to locate them. Since they live abroad.

Source: http://expreso.ec/actualidad/el-sri-cobrara-a-las-empresas-si-no-localiza-a-los-accionistas-AY364222

 

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Extra and eco gasoline prices at $2.40 and diesel at $1.75 are already in force in Ecuador

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