Ecuador's Internal Revenue Service (SRI) has issued Circular NAC-DGECCGC24-00000005, which clarifies invoice/receipt requirements for land transport services in relation to the deduction of costs incurred for such services and the application of the 0% VAT rate for such services, with the exception of taxis. The circular explains that invoices/receipts for commercial land transport services can only be issued by commercial land transport operators, except taxis, authorized by the competent a…