Ecuador Issues Coefficients for 2019 Tax Year Presumptive Assessment

The Ecuador Internal Revenue Service (SRI) has published NAC-DGERCGC20-00000003, which sets out the coefficients for presumptive tax assessments for the 2019 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 2019, which vary by industry/activity, are as follows:

• 0.0863 to …