Ecuador Issues Coefficients for 2021 Tax Year Presumptive Assessment

Ecuador's Internal Revenue Service (SRI) has issued Resolution No. NAC-DGERCGC23-00000002, which sets out the coefficients for presumptive tax assessments for the 2021 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 2021, which vary by industry/activity, range as follow…