Tax collection improves.
QUITO -- The Internal Revenue Service announced this week that
collection of the value added tax (VAT) increased 78.7% in the first
three months of 2001 compared to the same period last year, and overall
tax collection was up 570/0 for the same time. The total value of the
VAT collected reached $300 million. Tax evasion still stands at about
30%.
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