Ecuador has published Resolution No. NAC-DGERCGC20-00000051 of 4 August 2020, which established rules for the collection of an exceptional advance income tax payment as established in Executive Decree No. 1109, published on 31 July 2020. The exceptional advance payment is meant to fund economic recovery from COVID-19.
The obligation for the exceptional advance payment applies for both individuals and companies, including branches and permanent establishments of non-residents in Ecuador, tha…