Efectos de la devolución del IVA en las empresas del sector de la construcción ubicadas en el Norte del Distrito Metropolitano de Quito.

Abstract

The present investigation analyzes the situation and dynamics of the construction in the north of the Metropolitan District of Quito, through the application of the VAT refund and the effects on the liquidity of the same, through the application of a survey made to 67 companies located in the north. From the investigation we can observe some important elements, the main one is that the construction companies use the VAT refund procedure as a money liquidity mechanism and have the possibility of fulfilling short-term obligations as suppliers, salaries and the state. To analyze this sector a series of questions has been designed whose objective is to investigate if the VAT refund in this sector is fulfilled as indicated by the Law and if it is favorable or not for the construction companies. In this sense, a financial analysis has been carried out on the effects of the VAT refund on the cash flows of the companies to analyze the capacity to generate liquidity and to comply with the obligations generated within the line of business such as payment of suppliers, tax payments, among others. From this perspective and the research carried out, it can be seen that, for the construction companies, the VAT refund is beneficial, since it generates more liquidity at the time of accreditation from the SRI, which can be used immediately according to the requirement of needs