El impuesto a la salida de divisas y su incidencia en el sector textil del Ecuador, periodo 2008 - 2022.

Abstract

The objective of this observational, retrospective and cross-sectional research work is to analyze, through a mixed approach, the remittance tax in Ecuador (ISD) and its influence on the textile sector of Ecuador in the period 2008 - 2022, based on information from Financial Statements published by the Superintendency of Companies, Securities and Insurance and information provided by the Internal Revenue Service of a sample of 86 companies from subsectors C13 Manufacture of Textile Products and C14 Manufacture of Clothing and the application of semistructured interviews. Concluding from the pearson correlation coefficient obtained of 0.82, that statistically there is aconsiderable positive correlation between the ISD and the cost of production of textile companies; however, the tax incentives granted as of 2012 allowed the weight of this tax to be reduced in the costs of companies. Evidencing thatthey do record ISD payments for their imports of raw materials as a tax creditand that they have requested their refund from the SRI, although at a low levelof 4.9%. The reduction of the ISD rate to 2% from December 31, 2023, is favorable for the liquidity and profitability of companies in the textile sector, since a lower tax credit registered in their assets will decrease the amounts tobe paid for another type of taxes whose tax base is total assets or equity.