Ecuador Sets Solidarity Contribution Deadlines to Fund Earthquake Reconstruction

On 9 June 2016, the Ecuador Internal Revenue Service (SRI) issued the procedures for the equity and profit-based solidarity contributions introduced to fund reconstruction following the earthquake in the country on 16 April 2016 ({News-2016-05-24/A/3- previous coverage}). The contributions are to be paid in three monthly installments beginning in June 2016 with the specific deadline determined based on the last digit of the taxpayers RUC number as follows:

• For the first installment, the dead…