Travel Safety Ecuador

 

Culture Shock! Ecuador: A Survival Guide to Customs and Etiquette (Culture Shock! Guides)

August 27, 2009

PRESIDENT CORREA PROPOSES TAX INCREASES

Correa proposes an increase in taxes. The proposals need to be approved by the National Assembly and include a 12% tariff on paper imported by newspapers. Capital outflow of the Ecuador will have a new tax of 2% as compared to the current 1%. His objectives are to stem the flow of outbound capital, protect liquidity and dollarization, channel public savings-investment, and promote social justice. He also believes the increases will stimulate domestic demand by households. There will also be a new tax on all soft drinks.(TRAVEL SAFETY ECUADOR)

ECUADOR SLANG- Over 100 Ecuadorian Slang Words - Free

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Inside Secrets to Ecuadorian Culture - Culture Shock! Ecuador 

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