Ecuador Issues Coefficients for 2017 Tax Year Presumptive Assessment

The Ecuador Internal Revenue Service (SRI) has published Resolution No. NAC-DGERCGC18-00000018, which sets out the coefficients for presumptive tax assessments for the 2017 tax year. The coefficients are used in a presumptive tax assessment when a tax return has not been filed, the return or supporting documentation is incomplete, or the taxpayer fails to cooperate with the tax administration during a direct assessment. The coefficients for 2017, which vary by industry/activity, are as follo…