lunes, enero 14, 2019

LEGAL BULLETIN DECEMBER 2018


EXECUTIVE FUNCTION
PRESIDENCY OF THE REPUBLIC

Executive Decree No.559.- The Ministry of Foreign Trade and Investment merges; Ministry of Industries and Productivity; and, the Ministry of Aquaculture and Fisheries in a single entity called "Ministry of Production, Foreign Trade, Investment and Fisheries".

Source: Supplement 1, Official Register 387, December 13, 2018.

Executive Decree No.560.- The Ministry of Justice, Human Rights and Worship is transformed into the Secretariat of Human Rights, as an entity of public law, with legal personality, endowed with administrative and financial autonomy.

Executive Decree No.570.- It provides for the exemption of 100% Advance Tax on Income Tax period 2018 to taxpayers whose tax domicile is in the provinces of Manabí and Esmeraldas; or that they develop their economic activity within these territorial jurisdictions.

Source: Supplement 2, Official Register 388, December 14, 2018.

Executive Decree No.617.- The regulation for the application of the Organic Law for the productive promotion, attraction of investments, generation of employment, and stability and fiscal balance clarifies the specific reforms that the law generated to different legal bodies of tributary character, of commerce, of human mobility; among others.

Source: Supplement, Official Register 392, December 20, 2018.


SUPERINTENDENCY OF CONTROL OF MARKET POWER

The coercive instructions of the Superintendency of Control of market power are amended, in the following terms:


·         The coercive faculty may be delegated to a legal professional, acting as a professional internal or external to the entity.
·         Coactive procedures will be digital.
·         Agreement of payment facilities or payment agreement will proceed at the request of the coactivated.
·         The SCPM will not be able to arrange the attachment of any debtor person, be it national or foreign; however, when the foreign debtor has not paid the amounts owed, the SCPM may request the arraigo to a competent judge.

Source: Official Register Special Edition 659, December 04, 2018.

HIGHER EDUCATION COUNCIL

Instructions for the verification of the statutes of the institutions of Higher Education. Regulates the process of verification of the statutes and their reforms approved by higher education institutions, so that they are in compliance with the Constitution and the laws that govern the higher education system.

Source: Official Register Special Edition 666, December 06, 2018.

SUPERINTENDENCE OF COMPANIES, SECURITIES AND INSURANCE

Norm for the application of the previous actions and the sanctioning administrative procedure, in the field of the securities market. Document directed to the determination of responsibilities and imposition of administrative sanctions, to those who infringe the Securities Market Law, its regulations, complementary rules and in general the rules that govern the stock market.

Source: Official Register 387, December 13, 2018.

INTERNAL REVENUE SERVICE

Resolution No. NAC-DGERCGC18-00000431.- Natural persons or companies whose fiscal domicile is located in the province of Galapagos and which do not maintain establishments in continental Ecuador, are not obliged to issue sales receipts, withholding vouchers and complementary documents electronically; if not since January 1, 2024.

Source: Supplement 1, Official Register 396, December 28, 2018.

Resolution No. NAC-DGERCGC18-00000432.- The Internal Revenue Service (SRI) will authorize the issuance or cancellation of the dematerialized credit notes, originated in the refund of taxes, or in the recognition of undue or excess payment; based on:

·         Administrative resolutions issued by the SRI.
·         Enforceable judgments issued by competent jurisdictional bodies.
·         Firm determination documents issued within an audit process.
·         Liquidations of firm differences, issued within a determination process.

Source: Supplement 1, Official Register 396, December 28, 2018.

Resolution No. NAC-DGERCGC18-0000043.- It establishes the maximum amounts and requirements for the automatic application of the benefits foreseen in the agreements to avoid double taxation signed by Ecuador and that consist in the effective reduction of the income tax withholding rate of non-residents.

The maximum amount for the application of these benefits is fifty basic fractions taxed with a zero percent rate of income tax for natural persons.

Fuente: Supplement 1, Official Register 396, December 28, 2018.

MINISTRY OF LABOR

Ministerial Agreement MDT-2018-227.- Instructions to sanction cases of non-compliance with the registration of the information of active workers by the employer, in the computer system of the Ministry of Labor in accordance with the following sanctions:

·         First Penalty: USD $ 50.00 (Fifty United States Dollars).
·         First Recidivism: USD $ 100.00 (One hundred dollars of the United States of America).
·         Second Recidivism USD $ 200.00 (Two hundred dollars of the United States of America).
·         The maximum penalty may not exceed twenty Basic Unified Salaries (20SBU).

Source: Supplement Official Register 380, December 03, 2018.

For PUENTE & ASOCIADOS Law Firm it will be a pleasure to attend all your queries and requirements, for which we ask you to communicate to the email or to the telephone numbers of our offices.

This document is informative, it does not constitute a legal opinion or criterion of Puente & Asociados, nor its members.

viernes, enero 11, 2019

Circular No. 378 | RANGOS DEL IMPUESTO A LA RENTA 2019


Estimados clientes y amigos,

El Servicios de Rentas Internas (SRI) ha emitido las tablas de rangos para liquidar el impuesto a la renta para el año 2019[1] conforme el siguiente detalle:

Impuesto a la renta de personas naturales y sucesiones indivisas:[2]


Impuesto a la renta de herencias, legados, donaciones, hallazgos y todo tipo de acto o contrato por el cual se adquiera el dominio a título gratuito, de bienes y derechos:
 


Para PUENTE & ASOCIADOS Estudio Jurídico es un gusto mantenerlo informado y ofrecerle los servicios legales derivados de la información que se remite.

Atentamente,


PUENTE & ASOCIADOS
Soluciones Jurídicas Para Personas Jurídicas


[1] Resolución No. NAC-DGERCGC18-00000439 Servicios de Rentas Internas, Registro Oficial Suplemento 396 de 28 de Diciembre de 2018 (3).
[2] Resolución No. NAC-DGERCGC19-00000001 Servicios de Rentas Internas, Registro Oficial Suplemento 398 de 3 de Enero de 2019 (1). (Rectificación de la tabla del artículo 2 de la Resolución Resolución No. NAC-DGERCGC18-00000439 Servicios de Rentas Internas)