Noboa Government will increase the IVA tax to 15%
February 21, 2024 Hour: 9:39 pm
Juan Carlos Vega, Ministry of Finance and Prices of Ecuador, reports about the increase in the Impuesto de Valor Agregado (IVA), which will rise to 15%.
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It was anticipated that the IVA increase would only be from 12% to 13%, this being controversial for citizens.
The justification given by Vega for this increase was to help organizations in the fight against criminal gangs and insecurity in the country.
The new tax will come into effect next April. But first the government will make a report explaining the need for this IVA increase.
�� #ATENCIÓN | El presidente Daniel Noboa afirma que el incremento del IVA al 15 % no afectará a la gran mayoría de ecuatorianos.
��️ @RTSEcuador pic.twitter.com/caP8UEBOkA
— NotiMundo (@notimundoec)
February 21, 2024
The time in which the new measure will be in force is a decision of President Daniel Noboa himself.
On the subject, the president explains that the tax will not affect the majority of Ecuadoreans.
The government aims to collect 1,306 million dollars per year.
#Ecuador | A 9-1-1 call alerted about an aircraft that had fallen one mile off Punta Carola beach in the Galapagos Islands. Nine people, including crew and passengers, arrived at the Tiburon Dock in San Cristobal and were transferred to a health center. pic.twitter.com/LWUIr9Ws02
— teleSUR English (@telesurenglish)
February 12, 2024
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Autor: teleSUR/ CC
Fuente: actualidad.rt.com
