Monday, April 21, 2008

Ecuador Raises Tax on Wine and Liquor with New ICE Tax

As a result of Ecuador's recently-approved ICE tax (special consumption tax), the prices of wines and liquors have increased between 10 and 20%, depending on the type of wine or liquor. As a result, the prices of the drinks and wines offered on board Galapagos ships will increase between 10 and 20%.

Ecuador seems intent on raising taxes and fees for foreign visitors, and does not give much warning on imposing these fees. Travelers on Ecuador Tours and Galapagos Tours are advised to expect unannounced price increases in Ecuador due to new government initiatives.

No comments:

Post a Comment