Análisis del impacto del impuesto a la salida de divisas (ISD) en los contribuyentes del sector de fabricación de productos metálicos para uso estructural en la ciudad de Cuenca, en los períodos 2011 y 2012

Abstract

The tax to the exit of foreign currency (ISD) was created with the enactment of the reform law for tax equity of Ecuador (2007), as a regulatory tax, which aims to encourage domestic investment and prevent capital flight abroad, including which are held by imports, however its implementation was not well seen by the industrial sectors of the country, because they consider that the payment of this tax reduces their liquidity necessary for the normal operation of their activities, making them less competitive.

Considering the importance of the manufacturing industry and the subsector of manufacturing of metal products for Ecuador and Cuenca city, this research aims to analyze the impact of the tax to the exit of foreign currency (ISD) in this sub-sector of the manufacturing industry in Cuenca city, in order to determine the impact on the economic and financial situation of taxpayers during the piriods 2011 and 2012.

For the development of this thesis, the Internal Revenue Service (Regional Austro) provided the information financial that is in the Declaration of the tax filed annually by taxpayers registered in this economic activity (according to the ISIC D28) and also several surveys were applied.

As a result of the investigation, it was determined that the payment of tax remittance, mainly in imports carried out by this sector, does not represent a significant impact on the economic and financial situation of taxpayers, also it the tax to the exit of foreign currency it was transferred to the selling price of goods and the tax credit has not been considered in its entirety for the payment of income tax or advance.