Ecuador will cancel the tax on the departure of capital in air transport – Market Research Telecast

President of Ecuador Guillermo Lasso

Quito, Jul 30 (EFE) .- Ecuador intends to eliminate as soon as possible the capital outflow tax (ISD) in the air transport sector, in a measure to boost connectivity and reactivate tourism.

“Yes, it is possible to reduce ISD depending on sectors of the economy. We are going to start with the air to favor tourism. We will eliminate the ISD for air ticket transactions. To improve air connectivity and achieve open skies!”, He wrote by twitter the president Guillermo Lasso.

The president presented the proposal during a visit this Friday to the Deepwater Port of Posorja, in the southwest of the country, where he again spoke of the need to eliminate obstacles to the development of productive sectors.
— Read on marketresearchtelecast.com/ecuador-will-cancel-the-tax-on-the-departure-of-capital-in-air-transport/117571/

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