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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

To include junk food like a Special Consumption Tax is in process

Posted On 01 Oct 2014

comidaThe possibility to include the junk food in the Special Consumption Tax (ICE for its Spanish acronym) is still under analysis in various levels of the government. The SRI (Internal Revenue Service for its Spanish acronym) and the Ministry of Health maintain meetings at technical level to determine the feasibility of including this category and in the event that this is feasible, under which criteria these products are classified. 

The tax to harmful products is not another rate, but was part of ICE, effective since 25 years ago, said Ximena Amoroso, Director of the Internal Revenue Service. 

The Internal Tax Regime Law, also known as Law 56, shelters the ICE creation from 22 December 1989. The ICE is a tax on national or imported goods and services,injurious to health. According to the Government, the tax aims to discourage the consumption of products that can cause chronic diseases.

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