On 20 December 2023, Ecuador published the Law on Economic Efficiency and Employment Generation in the Official Gazette, which contains various tax reform measures. The main measures include the following:
- A new temporary tax residence regime for individuals, providing that qualifying individuals will only pay income tax on Ecuador source income for up to 5 years if they have not previously been tax resident in Ecuador, including at any time prior to the entry into force of the law, and one…