Compliance Alert - SRI updates the Technical Sheet for Offline Electronic Documents to version 2.27

Ecuador’s Internal Revenue Service (SRI) published version 2.27 of the Technical Sheet for Offline Electronic Documents.

This version updates the Capital Outflow Tax’s (Sp.: Impuesto a la Salida de Divisas (ISD)) withholding percentage.

Furthermore, clarifications on the printed graphic representation format of invoices and an additional annexe for the issuance of sales receipts for businesses selling construction materials were added.

The following 3 main changes are included in the update.

1. Update of ISD withholding percentage: Starting 1 April 2024, the Capital Outflow Tax (ISD) percentage will increase to 5%.
2. Clarification on the format of printed graphic representation (RIDE): The field “Subtotal special rate” (Sp.: Subtotal tarifa especial) corresponds to the VAT (IVA) rate for tourism activities.
3. Annexe 23: A new annexe specifies mandatory requirements for the XML file for sales receipts and complementary documents for businesses selling construction materials. The codes in Table 31 must be used under the details section (Sp.: <detalles>) in the field “auxiliary code” (Sp.: <codigoAuxiliar>).