Ecuador Provides 0% Remittance Tax Rate for Fuel Imports

Ecuador's Internal Revenue Service (SRI) has issued Resolution No. NAC-DGERCGC22-00000007, which establishes the rules for the application of a 0% rate of the remittance tax on foreign currency outflows (ISD) where transfers are made abroad for the import of hydrocarbon fuels, biofuels, and natural gas by authorized taxpayers. The 0% ISD rate was provided for by Executive Decree No. 327 and ap…
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