January 12: Update from Ecuador
Planning Update from Ecuador
January 12th from 12:00 to 1:00 pm EST
Presented by Gustavo Ortega Illingworth
Topics to be addressed
- Temporal contributions to boost the economy after covid 19 to be paid by individuals and corporations
- Amnesty program (regularization regime) to report foreign assets not declared
- Registry of beneficial owners
- Estate tax exemptions
- Tax treatment of foreign source income
- Tax Residency Rules for individuals
- Capital gain tax
- Tax incentives to new investments