Análisis de liquidez por reducción del ISD en empresas del sector Automotriz

Abstract

The present research project was oriented to the study of the effect presented in the level of liquidity, due to the reduction of the Foreign Currency Outflow Tax (ISD). For its analysis, the comparative historical method was used using a database provided by Supercias and the SRI regarding financial indicators, tax collection and the decrease in ISD. A documentary investigation was used, obtaining bibliographic resources from verifiable secondary sources that supported the investigation. For the evaluation of data, a sample was obtained through the statistical method of intentional probabilistic selection for convenience, selecting the companies of the city of Guayaquil whose income from the sale of goods is greater than five million dollars.

The application of financial analysis methods, as well as the comparison of information obtained before and after the reductions in the tax rate being analyzed, support the conclusion: there is not enough evidence to assert that an increase in the liquidity of automotive companies is solely and directly related to the decrease in the payment of the Tax on Exiting Foreign Currency. It can be argued that there are other factors that, in combination, would exert a change in the liquidity levels of any company in general.