Ecuador's Internal Revenue Service (SRI) has published Resolution NAC-DGERCGC20-00000013 of 20 February 2020 concerning the rules for the withholding of income tax on dividend distributions introduced by the Law of Simplicity and Tax Progressivity ({News-2020-01-10/A/5-previous coverage}). In particular, the resolution provides rules for withholding tax on the distribution of dividends by a resident company or a permanent establishment in Ecuador to a natural person resident in Ecuador or to…