Ecuador published a tax reform law for 2018 in the Official Gazette on 29 December 2017. The reform law includes a number of important measures in relation to corporate tax rates, which include:
- An increase in the standard corporate tax rate from 22% to 25% (22% rate maintained for micro and small enterprise, and exporters that maintain or increase employment);
- An increase in the higher corporate tax rate for companies that are more than 50% owned by tax haven residents from 25% to 28% (also…