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Ecuador

Withholding Tax Rates Under Double Tax Treaties

Dividends

Country of Recipient

Major Rate

(%)

Minor Rate

(%)

Major Holding

(%)

Interest (a)

(%)

Royalties (%)
Brazil---1515 (b)
France---15 (c)15
Germany---15 (c)15
Italy---105
Spain---10 (d)10 (e)
a. Some exemptions apply under Ecuador's domestic law, as in the case of foreign loans authorized and registered by the central bank. The treaties may also exempt certain interest income. Specific treaties should be consulted.
b. The rate is 25% for trademark royalties.
c. The rate is 10% for interest paid on a bank loan, to finance public works, or to finance sales of industrial, commercial, or scientific equipment.
d. The rate is 5% in the case of certain sales on credit and loans to finance construction, installation, or assembly projects.
e. The rate is 5% for copyright royalties, excluding film royalties.

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