Análisis e impacto de la contribución única y temporal en florícolas del cantón Pedro Moncayo durante el año 2020

Abstract

The Ecuadorian government, in order to encourage and improve its tax collection in taxes like: Income Tax, Value Added Tax (VAT), Special Consumption Tax (SCT); in December 2019, through Official Registry No. 111 dated December 31 2019, the Organic Law of Tax Simplification and Progressivity is published, which deals with issues of simplicity and progressivity towards the aforementioned taxes; It also creates the “Single and Temporary Contribution” for the companies have had taxable income greater or equal to $1,000. 000.00, during the fiscal of year 2018 (Deloitte, 2019), and will cancel it in fiscal years 2020, 2021 and 2022. It is worth mentioning that there are rates such as 0.10%, 0.15%, and 0.20% that are applied according to the amount of income generated, setting a minimum value that we mentioned earlier. In accordance to resolution No. NAC-DGERCGC20-00000004, published in January 2020, and being determined by the Internal Revenue Service (SRI), establishes the procedure for the declaration of this contribution and approves the form 124. For this research we have chosen the floriculture sector of Pedro Moncayo Canton in 2020, which is very important within the economy of Pichincha and Ecuador. It is worth mentioning that in the month of December 2020 in the city of Wuhan (China), the outbreak of the Covid-19 pandemic originates, which in a few months would spread throughout the world and Ecuador was affected in the month of March 2020, causing a total confinement and therefore a closure of some economic activities that includes the floricultural sector. This generated greater difficulty for companies can fulfill this contribution. This research analyzes the Unique and Temporary Contribution, in the companies that are active according to the Superintendency of Securities and Insurance Companies in the floricultural sector of Pedro Moncayo Canton, for the year 2020 and it also analyzed the effect of the pandemic in terms of obligation and payment thereof.