Ecuador Reintroduces Exceptional Advance Income Tax Payment

Ecuador has published Resolution No. NAC-DGERCGC20-00000054 of 4 September 2020, which established rules for the collection of an exceptional advance income tax payment as reintroduced by Executive Decree No. 1137, published on 3 September 2020. Executive Decree No. 1137 was issued to reintroduce the exceptional tax payment because the first decree introducing the payment, Executive Decree No. 1109, was found unconstitutional. Executive Decree No. 1137 was ruled as constitutional on 4 Septem…