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I am going to…

I am going to…

by | January 2, 2024 |

Ah, the dawn of a new year, brimming with possibilities. A chance to hit the reset button and embark on the perennial quest to shed those extra pounds, cut back on the libations, curb the criticisms, silence the complaints, kick the swearing habit, and rein in the spending spree—all those promises we insist will define […]

President Noboa maintains Currency Outflow Tax (ISD) at 3.5% until December 2024

Published on January 02, 2024

In a recent decision, President Daniel Noboa has opted to uphold the Foreign Exchange Outflow Tax (ISD) at 3.5% until December 2024, diverging from the earlier plan to reduce it to 2%. The decision was formalized through Decree 98, signed on December 29, 2023, contradicting the commitment made during the electoral campaign to decrease the tax.

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