Ecuador's National Assembly has announced the approval of the Law for the Strengthening of Tourism Activities and the Promotion of Employment on 1 April 2024. The measures of the law include:
- A reduction in the Foreign Exchange Exit Tax to 0% for airlines, both domestic and international;
- An additional 50% deduction for security expenses incurred by taxpayers in the National Tourism Registry;
- Payment facilities of up to 24 months for taxpayers in the National Tourism Registry that have not …