18 November 2019
Ecuador is the latest country to propose a VAT charge on the sale of e-services to local consumers by non-resident businesses.
At present, non-resident businesses providing digital services in Ecuador do not have to charge VAT on their sales. However, in an effort to remove the unfair advantage that this gives to non-resident companies over Ecuadorian resident providers, the Ecuadorian tax authorities are proposing that VAT should be charged at 12% on these types of transactions.
If accepted the measure is likely to be introduced from January 2020 and will be applied to a range of electronic services including streaming games, music, apps, films, e-books, e-journals and internet services.
LATEST NEWS
German IOSS portal to miss EU e-commerce VAT package...
The German portal to support the EU’s Import One-Stop-Shop (IOSS), will not be ready for the launch of the EU’s e-commerce VAT package on 1 July...
SEE MORE
LATEST NEWS
Canada - British Columbia PST applied on digital...
From April 2021, the Canadian province of British Columbia imposed Provincial Sales Tax (PST) at 7% on income earned by non-resident providers of e-services...
SEE MORE
LATEST NEWS
Singapore to introduce GST on e-commerce imports
From 1 January 2023, the Singaporean government confirmed that it will introduce a Goods and Service Tax (GST) on imported sales of goods and non-digital...
SEE MORE