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Ecuador National Assembly Approves Measures to Support Tourism Sector

|Approved Changes|Ecuador
Ecuador

Ecuador's National Assembly has announced the approval of the Law for the Strengthening of Tourism Activities and the Promotion of Employment on 1 April 2024. The measures of the law include:

  • A reduction in the Foreign Exchange Exit Tax to 0% for airlines, both domestic and international;
  • An additional 50% deduction for security expenses incurred by taxpayers in the National Tourism Registry;…

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