The Ecuador Internal Revenue Service (SRI) has published Resolution No. NAC-DGERCGC19-0000022 of 30 May 2019 on the procedure for the refund of overpaid advance tax for 2018. According to the procedure, the availability of a refund depends on the taxpayer's effective tax rate (TIE) in comparison to the average TIE. For 2018, the general average TIE rate is set at 1.4% for companies and 0.9% for individuals and estates, with average TIE rates of 1.0% to 4.0% set for specified sectors. Where t…