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President Daniel Noboa Orders Reduction of Vat to 8% in Imbabura, Carchi and Two Cantons of Pichincha
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President Daniel Noboa signed Executive Decree 196 which temporarily reduces VAT from 15% to 8% for tourism activities, between 1 and 4 November. The measure seeks to revive the economy and promote domestic tourism, especially in the northern provinces affected by the recent National Paro, especially in Carchi, Imbabura and the Cantons Cayambe and Pedro Moncayo, which suffered roadblocks and commercial losses. The Ministry of Tourism foresees th…
The measure, in force from 1 to 4 November, seeks to strengthen tourism and local economy in the areas affected by the recent ind gena unemployment. The benefit applies only to tourist services.
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