EspañolA new tax burden is set to join Ecuador’s already long list of trade restrictions. The Committee of Foreign Trade (Comex) announced in recent days that all online purchases will be taxed with a US$42 levy per pack, for those packages included in the “4 x 4 postal system,” (which allows shipments up to four kilograms or US$400). Books and Medicines will keep their tax-exempt status.
Until now, shipments through this system, created to simplify customs and taxes, were only charged a 5 percent tax (ISD) on foreign currency outflow. Now, in addition to the tax, the Comex-promoted reform will limit each person’s shipments per year to five or a cap of $1,200. In other words, an Ecuadorian will be allowed to purchase online only five times per year or until he reaches the $1,200 limit.