The Ecuador Internal Revenue Service (SRI) has issued Resolution No. NAC-DGERCGC20-00000077, setting the standard individual income tax brackets and rates for 2021 as follows:
- up to USD 11,212 - 0%
- USD 11,212.01 up to 14,285 - 5%
- USD 14,285.01 up to 17,854 - 10%
- USD 17,854.01 up to 21,442 - 12%
- USD 21,442.01 up to 42,874 - 15%
- USD 42,874.01 up to 64,297 - 20%
- USD 64,297.01 up to 85,729 - 25%
- USD 85,729.01 up to 114,288 - 30%
- USD 114,288.01 and over - 35%
The resolution also includ…