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In 2017 the “SRI” will raise 10% more in taxes
Posted On 21 Dec 2017
Ecuadornews:
The Internal Revenue Service (SRI) considers that this year the tax collection will be $ 13,000 million, which represents an increase of 10% over 2016, as indicated yesterday by the director of the institution, Leonardo Orlando.
The collection between January and November amounted to $ 12,150 million, the highest in the last five years, according to the SRI. The official stressed that 85% of permanent income is given by management of the entity itself; while the rest comes from foreign trade and customs duties.
He added that these growth prospects are attributed to the development of a tax culture; to the actions taken against tax evasion and fraud, the reduction of procedures. He highlighted the technological tools available to taxpayers. Between 2013 and 2017, 12,12 million transactions were made through online transactions, 82 million declarations were made and 16,3 million attachments were delivered. Orlando estimates that in 2018 there will be a collection of $ 13,600 million, that is, the increase will be 9% compared to this year.
Debtors evade payments
Regarding the debt held by some economic groups, Leonardo Orlando said that the obligations amount to approximately $ 5,000 million, of which two thirds must be resolved through lawsuits. Around 170 debtors accumulate an amount of more than $ 2,000 million. Several of the debtors incur in the practice called ‘Property depletion’ to evade payment, which consists in getting rid of the assets of the companies while the judicial collection process is delayed. Others, on the other hand, recognized their obligations in recent months and regularized their situation through payment facilities of $ 100 million.
Agreement to promote the tax culture
In the academic event, the principal of the SRI and the rector of the UDLA signed an inter-institutional agreement with the objective of implementing the Accounting and Fiscal Support Center (NAF) in the higher education center. The objective is to strengthen the education and tax culture of the community, through a technical accompaniment of the entity. (I)
Source: http://www.eltelegrafo.com.ec/noticias/economia/1/en-2017-el-sri-recaudara-10-mas-en-impuestos
