Noticias de ultima
  • 12.00 AI Innovation: Sportradar and Apostemos Elevate Player Retention Across Latin America with VAIX
  • 12.00 Report Validates €191M Economic Contribution from ICE and iGB Affiliate 2025
  • 12.00 Indonesian Govt Cracks Down on Online Gambling, Removes 2.8 Million Web Posts
  • 12.00 Times Square Casino Proposal Rejected by Community Committee
  • 12.00 Sri Lanka Updates Betting Taxes and Casino Admission Charges for Locals
  • 12.00 Warning Issued by Arizona Gaming Department Regarding Prediction Market Use
  • 12.00 Óscar Pitarch Details The Key Developments In The Integration of Bally Wulff Into Novomatic Spain
  • 12.00 Win Systems to Showcase Gold Club Colors Electronic Roulette at GAT Bogotá 2025
  • 12.00 SBC Summit 2025 Day 3: Awards, Innovation & Global Insights Cap Off a Record-Breaking Week in Lisbon
  • 12.00 Galaxsys Partners with 1xBet to Deliver Innovative Gaming Worldwide
Sportsbook

Ecuador applies 15% income tax to sports betting houses

Monday 01 de July 2024 / 12:00

2 minutos de lectura

(Quito).- The Government of Ecuador announced last Friday the application of the single income tax, with a rate of 15%, to sports prediction operators based or not in the country.

Ecuador applies 15% income tax to sports betting houses

The Internal Revenue Service (ERI), the institution in charge of tax collection of the State, reported in a statement that starting next Monday, July 1, the single income tax on income received by Operators will be implemented in Ecuador. of Sports Forecasts.

This provision is based on the Organic Decree Law for the Strengthening of the Family Economy, which has been in force since June 20 of last year, explained the SRI.

The tax administration added that the single income tax taxes the income received by sports prediction operators, both residents and non-residents, at a rate of 15%.

Operators can subtract the prizes paid from said income,” but on which they must have made the respective withholding at source, he added.

Likewise, he stressed that "the players' prizes are also taxed with 15% of the income tax, which will be withheld and paid to the treasury by the sports prediction operators."

The SRI indicated that the regulations of this tax regime will regulate the “mechanisms to declare, liquidate and pay this tax and will establish the tax obligations that must be met.

The regulations consider that operators based in the country must declare the tax in the periods established by law, and that in the event that these companies are located abroad, they must appoint a representative to carry out the tax procedures.

Categoría:Sportsbook

Tags: Sin tags

País: Ecuador

Región: South America

Event

GAT Expo CDMX 2025

28 de August 2025

Update on Mexico's Gaming and Raffles Law: Experts discuss its present and future at GAT Expo Mexico 2025

(Mexico City, SoloAzar Exclusive).- At the Expo Santa Fe Convention Center, gaming industry leaders analyzed the challenges and opportunities of the reform to the Gaming and Raffles Law, in a panel moderated by Rosa Ochoa of SCCG Management LATAM.

Tuesday 16 Sep 2025 / 12:00

GAT CDMX 2025: Experts Discussed Innovation in iGaming and Sports Betting in Mexico

(Mexico City, SoloAzar Exclusive).- As part of the GAT CDMX 2025 Institutional Academy, leading industry executives met in Mexico City to analyze the challenges and opportunities presented by innovation in online gaming, iGaming, and sports betting. Artificial intelligence, omnichannel, user experience, and the role of streamers were some of the central topics discussed.

Monday 15 Sep 2025 / 12:00

21Viral Strengthens Industry Ties and LatAm Expansion at GAT Mexico

(Mexico City, SoloAzar Exclusive).- At GAT Expo Mexico, 21Viral made a powerful impression through strategic networking, insightful participation, and a clear vision for growth across Latin America. Luz Serna, Head of Sales LatAm (i Gaming), highlighted the event’s rich academic content and the valuable alliances formed with key operators and stakeholders in the Mexican gaming industry.

Monday 15 Sep 2025 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.

PODCAST

MÁS CONTENIDO RELACIONADO