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August 10th Holiday: Tourist Services in Ecuador Will Have a Preferential VAT Rate of 8 %
Summary by El Universo
3 Articles
3 Articles
On Tuesday, August 4, the Government officially, through Executive Decree No. 465 signed by the constitutional president of the Republic, Daniel Noboa Azín, reduced the general rate of value added tax (VAT) from 15% to 8% for the provision of tourist services.
·Guayaquil, Ecuador
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Indefinite whether senators may or may not change level of taxation later concerns government technicians, TCU and Congress
·Rio de Janeiro, Brazil
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President Daniel Noboa decreed the temporary reduction of VAT to 8% for tourist services during the holiday of August 10.
Coverage Details
Total News Sources3
Leaning Left0Leaning Right2Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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