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NEWS

VAT

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.
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.