There are 12,234 hotels, inns, restaurants, cafeterias, ice cream parlors, travel agencies, airlines and other establishments that are part of the tourism sector that will be enabled to apply the value added tax (VAT) reduction on their products or services during the holiday carnival, between Saturday February 26 and Tuesday March 1, 2022.
The Ministry of Tourism published the registry of these establishments, after verifying -in coordination with the Internal Revenue Service (SRI)- the information of the tourist services that will benefit from the reduction from 12% to 8% decreed by President Guillermo Lasso, as a result of the Law on Economic Development and Fiscal Sustainability, which introduced the power of the president to reduce the VAT rate for the provision of all services defined as tourist activities, for up to a maximum of twelve days a year during holidays or weekends.
The publication was made on its institutional portal so that verification can be carried out. Until next Wednesday, adjustments can be made to that cadastre.
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Establishments must verify that their data is in the updated cadastre and if they are not, contact the email catastros@turismo.gob.ec, attaching the RUC, in which the name of the establishment with tourism registration is stated, for the corresponding readjustment to be made until February 16, 2022. That is the deadline for sending the information to the collecting entity to include your establishment in the list.
Here are all the registered establishments: https://bit.ly/3svEiXP
This process is executed in accordance with the formalization of the reduction of VAT from 12% to 8% during the next carnival holiday, accounting for February 26, 27, 28 and March 1, carried out through Executive Decree 339 on 31 of January 2022 and that seeks to revitalize the tourism sector hit by the COVID-19 pandemic.
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In that decree, the same discount was also provided for the days of the Good Friday holiday: Friday, April 15, Saturday, April 16, and Sunday, April 17, 2022.
The Ministry of Tourism and the SRI are the entities in charge of executing said decree. (I)
Source: Eluniverso
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