Taxes drop in major provinces
Of the six provinces that exceed double digits (over 10 million) in tax collection, Azuay only managed to close October with positive tax accounts. The rest, as Pichincha and Guayas (the provinces that record more revenues), experienced a decline between 2014 and 2015 in taxation, when the months of October of both years are compared.
This analysis leaves out, therefore, the inflationary effect that led to the referral law (that granted amnesty in the payment of fines and surcharges to those who payed tax debts accumulated between May and September), in order to measure how was the collection amid the difficult economic climate.
This scenario not only occurs in Pichincha, Guayas, Manabi, El Oro and Tungurahua, the provinces with more tax revenues, in that order, along with Azuay (in third place). The decline in revenues in October was extended to 17 of the 24 Ecuadorian provinces. And in some cases it reached percentages of -39% (Orellana), -35% (Canar) and -35% (Sucumbíos).
Translated into English by Pierina Abad