Ecuador Issues Coefficients for 2018 Tax Year Presumptive Assessment

The Ecuador Internal Revenue Service (SRI) has issued Resolution No. NAC- DGERCGC19-00000002, which sets out the coefficients for presumptive tax assessments for the 2018 tax year. The coefficients are used in a presumptive tax assessment when a tax return has not been filed, the return or supporting documentation is incomplete, or the taxpayer fails to cooperate with the tax administration during a direct assessment. The coefficients for 2018, which vary by industry/activity, are as follows…