• ENGLISH
  • ESPAÑOL
facebook
twitter
  • National>Entertainment
  • National>Local Economics
  • National>Local Politics
  • National>Society
  • National>Sports
BREAKING NEWS
Ecuador detects new case of monkeypox and adds seven
‘Narco generals’: Comptroller finds evidence of three police officers
Florida court rejects appeal filed by Ecuador in Isaías case
18.5% of young Ecuadorians neither study nor work
Ecuador is a high-risk country for investment, says the United States
Ecuadorians abroad will be able to vote electronically in 2023
Three oarfish appeared in Ecuador during the last week
Only one of the five cases of monkeypox confirmed in Ecuador is hospitalized
Authorities will vaccinate 10 million Ecuadorians with a third dose in 2022
Turkey, the new drug route that leaves from the ports of Ecuador

Travelers will pay the ISD in Duty Free shops

Posted On 07 May 2016
From May 1 new tax thresholds for travelers carrying foreign currency abroad are in force.
According to the Law for Public Finance Balance, passengers carrying cash up to $ 1,098 per trip are exempt from paying the ISD (tax on Remittances). A 5% surplus of this value shall be paid.
For practical purposes, Juan Miguel Aviles, director of Zone 8 (Guayas) of the Internal Revenue Service (SRI), states that if for example a citizen travels with $ 2,098 in cash, he will have to pay the 5% of the remaining $ 1,000, that is, $ 50.
To do this, there are mainly two options. First, accessing thewww.sri.gob.ec and download form 106 (for multiple payments). The taxpayer fills it and generates a voucher that will have to be paid at the bank. The website suggests another formula: online payment.
Another alternative is airports. Thursday took place a meeting of the IRS and airlines authorities to explain the process. Airlines will remind passengers their obligation to pay the ISD if they take more than $ 1,098 abroad in the case of adults and an upper limit of $ 366 for minors.
If the citizen has not made the payment, he will able to do it in the Duty Free, said Aviles, who adds that a second payment reminder, for those carrying the levied cash, will be done by Migration agents (I).
Source: http://expreso.ec/economia/los-viajeros-podran-pagar-el-isd-en-las-cajas-del-duty-free-MA310079
About the Author
  • google-share
Previous Story

Chayanne, Carlos Vives, Juan Fernando Velasco and many more, in a show for the benefit of Ecuador

Next Story

ISSFA group calls for official rectification

SEARCH

LATEST NEWS

Ecuador detects new case of monkeypox and adds seven

Posted On 06 Aug 2022

'Narco generals': Comptroller finds evidence of three police officers

Posted On 06 Aug 2022

Florida court rejects appeal filed by Ecuador in Isaías case

Posted On 04 Aug 2022
Copyright © 2010 - 2019. All Rights Reserved. EcuadorTimes.net