Ecuador Issues New Rules on Automatic Application of Treaty Benefits

The Ecuador Internal Revenue Service (SRI) has published NAC-DGERCGC18-00000433, which establishes new rules and requirements for the automatic application of tax treaty benefits effective from 1 January 2019. Changes include:
- The maximum annual amount for the automatic application of tax treaty benefits is increased from 20 times to 50 times the 0% individual income tax bracket threshold (i.…