The offshore companies will have higher rates

Against tax havens. Trusts abroad, with more than a million dollars, will pay taxes. This was determined by the Commission on Economic Conditions, during the discussion of the report for the first discussion of the draft Law and Stewardship Solidarity Citizen by the effects of the earthquake.

The proposal had several changes. He reorganized by topic and went from 27 to only seven articles. Of these there are two that were ‘adjusted’ by the assembly. The first is dedicated to HNWIs abroad. Their owners will pay 1.8% of these resources as a contribution for victims of the earthquake. the solidarity of the assets of one million dollars in Ecuador, which will pay 0.90% is maintained.

For independent assemblyman and member of the commission Ramiro Aguilar, “changes seek to include contributions from higher-income segments of the population.” Also a tax on “real estate abroad” (I).

Source: http://expreso.ec/economia/las-empresas-offshore-tendran-mayores-tasas-LH292782