OrbitaxOrbitax

Ecuador Sets Withholding Rates for New Self-Withholding Obligation for Large Taxpayers

|Approved Changes|Ecuador
Ecuador

Ecuador's Internal Revenue Service (SRI) has published Resolution No. NAC-DGERCGC24-00000003 of 12 January 2024, which sets out the withholding tax rates for different economic activities under the new monthly self-withholding obligation for companies classified as "large taxpayers". As previously reported, the self-withholding obligation was introduced as part of the Law on Economic Efficiency and Employment Generation and is treated as a credit against the annual income tax due. The Resolu…

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.