Oil Production VAT Claims Rejected

Derecho Internacional Mondaq - Ecuador Law Articles in English (2008)

Mr Juan Carlos Bustamante - Bustamante & Bustamante

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Extract

Oil Production VAT Claims Rejected

Originally published November 2004

Background

To avoid the exportation of indirect taxes, Article 69(a) of the Internal Tax Regime Law recognizes the right to a refund for value added tax (VAT) paid on the importation and local acquisition of goods and services used for the production of expo...

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