STEP NY /Webinar: 1/12/21 Planning Update from Ecuador 

STEP NY Planning Update in Ecuador

• 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