Ecuador published the Law for Economic Development and Fiscal Sustainability after the COVID-19 Pandemic in the official Gazette on 29 November 2021. The published version of the law is unchanged from the version initially presented in the National Assembly and includes:
- A temporary special contribution tax on assets as follows:
- for natural persons with assets of at least USD 1 million as on 1 January 2021, the contribution is equal to 1.0% on assets between USD 1,000,000 and 1,999,999.99 a…