#TIE = 'This is Ecuador' and as my old Relocation Guide to Ecuador used to pound into my head:)
- 'To Always allow for the #EcuaFactor '
"Paying Taxes in Ecuador --
First, disclaimer, I am not an accountant or tax attorney and the information I am sharing is just a courtesy and not a service.
That being said --
There seems to be a major level of concern by expats regarding the Impuesto a la Renta (Income Tax) in Ecuador this year.
Tranquilo, it is Ecuador -- this is not a new law, it has always existed, and if you earn an income here in Ecuador that is paid in Ecuador then yes, as always, there is an income tax.
It does not effect most expats because they are either receiving income from pensioner or social security benefits that are paid by heir country of origin. If you work online, then chances are you are paying taxes
and other requirements from income that is connected to either the country of the company you work with or the company through which you receive your payments.
If you work in Ecuador, get paid in Ecuador, or earn funds through income property or businesses in Ecuador, then you pay Ecuador income tax.
How much do you need to pay if you fit into the second category above?
That information is published widely including here:
https://www.primicias.ec/noticias/economia/impuesto-renta-declaracion-marzo2024
Has the rate increased? Yes, due to higher costs in security for the country.
But what about paying in time?
Tranquilo -- this is Ecuador -- and the rates while agreed on for the most part are still being hashed out by the various groups and parties that make up the robust legislature of Ecuador.
No one wants to pay more, and many can't pay more, and it will take some time to get everything sorted out and into whatever computer systems will be recording payments.
So what does this mean for everyone?
There may be a change in your future where you might have to pay something for income gained in country.
But like everything in Ecuador, it won't happen overnight and it will change and evolve a number of times before being codified and enforced.
Finally -- a word of warning and advice (take it or leave it as you feel fit): Whenever there is a change that gets big coverage and elicits grave concern amongst the expats,
especially the newer ones, there will appear an entire instant-industry to give advice, help with the paperwork, and generally grift off the anxiety of the masses. Don't fall for it.
Take advantage of any information being provided to your community but do not automatically assume what you are being told is correct, legally sound, or applicable to your situation.
A lot can happen and for the most part until the situation is clearly outlined such that the common man of Ecuador can comprehend the rules, it is very unlikely for the rules to be strictly enforced.
And honestly Ecuador lacks the manpower for enforcement with most of Ecuador's energy going back to the cause of this tax hike, the situation with drug cartels, which takes upon the majority of the of the country's attention and energy at this time." - by the SS agent🪖
🤠iffin you gonna move down or remain in Ecuador on into 2025, get prepared for whats a coming down the pike🥷🏼its not and has not been just a Coastal & #GYE thang, its also a Sierra & Metro #Quito Thanggy as well👮🏻♂️💰
My 2025 NewYears Resolution is more time out on the La G range, zz style, 🎸🥁🎸 cuzz (imho) we gonna dang sure be a needin it🥷🏼if anybody wants to no longer be an outlaw? Call me to join our Qtowne Quito gun club and get legal to tote with a 55hr CCW Course,
now a days The CCW is pretty much streamlined down to this:
plan on about $300 for to join the gun club,about $200 or up to $300 for the CCW course,about $300 for psyche, psycho and toxico exams,
a 9mm Taurus for say $1200.
a 9mm CZ for say $1500.
aprox $80 to $100 for a box of 50rds 9mm FMJ
i see peeps now a days getting legally armed in about a 3-4 months time frame, kinda like a tuff assed visa process!
'Always be prepared' - BSA & SA,
"When guns are outlawed, only outlaws will have guns" - Louis L'Amour (1908-1988) Western novelist of ...
16SEP26💯%Choneros🚀"On Sept. 16, under the direction of #SOUTHCOM, Joint Task Force Western Hemisphere (JTF-WHEM)
forces successfully interdicted a floating refueling station supporting illicit at-sea drug trafficking operations in the Eastern Pacific.
Intelligence confirmed the vessel's involvement with the Los Choneros violent narco-terrorist organization.
Individuals removed from the vessel have been transferred to Ecuadorian authorities. After clearing the vessel and disembarking the crew, U.S. forces sank it.
JTF-WHEM continues to conduct precise and professional operations to dismantle the logistical networks fueling narco-trafficking in the Western Hemisphere.
"Alongside our Ecuadorian partners, we are relentlessly pursuing narco-terrorists who prey on our citizens,
undermine hemispheric security, and leave death and suffering in their wake. This deliberate, lawful, and precise operation saves lives and makes our citizens—from Ecuador to the United States—safer." -
SOUTHCOM ...
"It is an absurdity, it is laughable, to speak of such a
pending disaster as "The End of the World."
We are discussing the end of Humanity, or we are discussing the
end of Civilization, or we are perhaps even discussing
the end of some this or that Empire that we mistakenly
believe to identify with.
The end of the world will come when the sun
expands and engulfs it.
Now, is it truly a surprise that our discourse relates
economic tragedy with an ecological one?
That we actually behave as though a marked downturn in
the Market can somehow be compared to the death of Nature?
We are so enamored with our vastness and resource that we have forgotten the lark and the sparrow.
So I say, come armageddon. Come, you horsemen.
Let us speak these things no more."
— Takici Kaneko, 1934 - 'SteamPunk Magazine' 3-A4
https://archive.org/stream/SteamPunk_Magazine_3-A4/SteamPunk%20Magazine%203-A4_djvu.txt
07SEP26👷🏼♀️👷🏽👷🏼♂️Happy Labor Day🌭🍔🍻💪🏼🦾to US/CAN/ECU do it again⁉️
#Ecuador🪖'US MARINE AIRCRAFT ALREADY IN ECUADOR FOR OPERATIONS IN ALTO PUTUMAYO IN ORELLANA-
"The Armed Forces of Ecuador receive support from a US MV-22B Osprey aircraft for military operations in Alto Putumayo, Orellana.
🇪🇨/🇺🇸
This cooperation strengthens the mobility, transportation, and logistical support capabilities of the military units." -
https://x.com/eldatoecua/status/2097099950479806862?s=46&t=i54L5FgQ-47_fA61IWaAQg
