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Tax Procedures Change in Ecuador: These Are the New Rules
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What is known Before blocking or withholding funds for a debt, the SRI must notify and wait 20 days.The claims will have up to 120 business days and review resources, up to 180 days.The fines are proposed to be calculated based on the SBU and not by fixed values in dollars.The National Assembly approved a reform to the Tax Code that modifies several procedures that taxpayers and the Tax Administration must follow.The changes must still pass thro…
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