VAT

Saturday, November 02, 2024

NEWS

Price of Ecuador’s basic food basket will increase starting on April

Published on: March 15, 2024
08:03

Quito, Mar 15 (Prensa Latina) The cost of the basic basket in Ecuador will rise with the increase in the Value Added Tax (VAT) from 12 to 15 percent, although the government claims the opposite because some of the products and services do not pay taxes.

Noboa proposes to lift VAT to face internal conflict

Published on: January 13, 2024
02:00

Quito, Jan 13 (Prensa Latina) President Daniel Noboa proposed to lift the Value Added Tax (VAT) from 12 to 15 percent to fight the internal armed conflict declared in Ecuador due to increasing insecurity.

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VAT

Price of Ecuador’s basic food basket will increase starting on April

Noboa proposes to lift VAT to face internal conflict

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