Efectos de la devolución del IVA en las exportadoras florícolas de la administración zonal Tumbaco durante el año 2023

Abstract

The article analyses the effects of the VAT refund on the floral exporters of the Tumbaco area administration during the year 2023. VAT refund is an important tax mechanism that allows companiesto recover part of their operating costs, giving them liquidity and financial stability. However, delays in the return process and the need to manually review documents can make the process difficult and delayed. The purpose of the study lies in the economic relevance of the floral sector in Ecuador, in particular in the area administration of Tumbaco, which due to its privileged location is the main region producing and exporting flowers. Assessing the impact of VAT refund in this sector enables us to understand howthis tax benefit affects the liquidity, profitability, investment capacity and competitiveness of companiesin the international market. The overall objective of the study is to assess the effects of the VAT refund on flowers exporters in theTumbaco area in 2023, the specific objectives of which include the analysis of VAT refunds, the determination of the adequacy of the procedures used and the determining of the profit generated as aliquidity injection to companies in the sector. The theoretical framework includes an analysis of tax regulations, methods of VAT refund and a reviewof historical information on florist in the Tumbaco area. The relationship between VAT refund and liquidity generated in selected companies is assessed using a quantitative and descriptive approach, aswell as inductive-deductive research methods. The VAT refund has been crucial to improving the liquidity of floral exporters, providing financial stabilityand reinvestment capacity. Although there are advantages, the process has problems due to the delayin the review and approval of the documents, which reduces the speed with which companies can obtainthe funds they need. The VAT refund has an impact on the competitiveness and investment capacity of companies in the international market, which is crucial for the survival of the floral sector in the Tumbaco area administration. The purpose of this analysis is not only to understand the effects of VAT refunds on floral exporters, butalso to suggest ways to optimize their implementation to support the sector effectively in the current economic environment.