Going to the cinema is more expensive from this July 1, since now the tickets are taxed with the Value Added Tax (VAT).
Enter the cinema to see the new adventures of Indiana Jones, Batman o Spider-Man It is more expensive in Ecuador. Since that July 1st, movie tickets they pay 12% Value Added Tax (VAT), a rate that did not exist for this cultural activity.
Francisco Briones, director of the Internal Revenue Service (SRI), confirmed that the collection of VAT in that activity is in force. This, after the tax reform, called Organic Law for the Strengthening of the Family Economy, established that all public shows are taxed with VAT of 12%.
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The spectators who went to the different cinemas on July 1 were surprised by the price increase.
The surprise was great, especially in the Sierra, since the school holidays in the region have just begun and the cinema is a activity to go with the family.
The tax reform contemplates taxing entertainment such as cinema, football matches and massive concerts.
Entering exhibitions in museums and the theater, among other cultural manifestations, will continue without paying VAT.
He Internal rents service has announced that in the coming days the corresponding resolution that will determine which event is considered a public spectacle.
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2023-07-01 22:30:01
#Tickets #cinema #pay #VAT
