Ecuador's Internal Revenue Service (SRI) recently issued Circular No. NAC-DGECCGC22-00000002, clarifying the scope of the temporary special contribution tax on assets that was introduced by the Law for Economic Development and Fiscal Sustainability after the COVID-19 Pandemic. As previously reported, the special contribution applies for companies with net assets of at least USD 5 million as on 31 December 2020, with the contribution equal to 0.8% on assets of USD 5 million or more. The contr…