The Ecuador Internal Revenue Service (SRI) has published Resolution NAC-DGERCGC24-00000016, which revises the procedures for claiming VAT (input tax) credit refunds. In general, where a taxpayer's monthly return shows a balance in favor of the taxpayer, this balance is considered a VAT credit that will be offset against the VAT due in the following month. If it is presumed that the resulting tax credit cannot be offset against the VAT due within the immediately following six months, a taxpay…