The draft Organic Law on Economic Efficiency and Employment that President Daniel Noboa sent to the National Assembly is already causing reactions. The former director of the Tax Administration (SRI), Francisco Briones, questioned part of the project.
Briones, who served as head of the entity until November 22, via his account at
“Article 4 of the Nobo law is a setback in the fight against transnational fraud. Exactly the opposite of what they propose in the explanation. “Unfortunate,” the former official wrote.
What changes does the new tax reform bring?
The article Briones refers to appears in the draft reforms of the Law on Internal Tax Regime and determines that points c) and) of Article 4.1 are deleted. of that law, which refer to the tax residency of natural persons.
What the reform proposes to remove is the following:
Tax reform: additional reduction of up to 90% of income tax for companies employing 12 to 500 young people
Instead, the inclusion of the following is requested:
Source: Eluniverso
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