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Tax benefits for Ecuadorian companies: double tax deduction for private health insurance

Summary by AMER EXPERIENCE
Ecuadorian companies can benefit from tax deductions when hiring private health insurance for their employees, highlighting the double deduction in income tax. This incentive helps reduce the tax burden and improve the quality of life of the staff. To access this benefit, companies must ensure that the insurance covers 100% of the workers and only include the payments made by these insurances. This not only reduces costs, but also favors the wel…
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Ecuadorian companies can benefit from tax deductions when hiring private health insurance for their employees, highlighting the double deduction in income tax. This incentive helps reduce the tax burden and improve the quality of life of the staff. To access this benefit, companies must ensure that the insurance covers 100% of the workers and only include the payments made by these insurances. This not only reduces costs, but also favors the wel…

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AMER EXPERIENCE broke the news in on Thursday, February 20, 2025.
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