Ecuador's tax administration has published the individual income tax brackets for 2015. The brackets and rates are as follows:
- up to USD 10,800 - 0%
- over USD 10,800 up to 13,770 - 5%
- over USD 13,770 up to 17,210 - 10%
- over USD 17,210 up to 20,670 - 12%
- over USD 20,670 up to 41,330 - 15%
- over USD 41,330 up to 61,980 - 20%
- over USD 61,980 up to 82,660 - 25%
- over USD 82,660 up to 110,190 - 30%
- over USD 110,190 - 35%
The number of brackets and rates are unchanged, while the thresholds for each…