The impact of other taxes and contributions

Image: Expreso

The specialist firm Fidesburo, author of the analysis of Tax Collection of Ecuador in 2015, on the tax burden in the country between 2014 and 2015, and that daily Expreso took as a reference for the note, recognizes there was an error when taking data from the real Gross Domestic product (GDP), when the correct thing was to take the nominal GDP, since data of the collection of the Internal Revenue Service (SRI for its Spanish acronym), the National Customs Service of Ecuador (Senae) and the Ecuadorian Institute of Social Security are nominal data of 2014 and the projected data is also based on nominal data of 2015, due to lack of official information of this period during the preparation of the analysis.

After correcting this error -Fidesburo says,- the calculation result varies, establishing a tax burden in Ecuador of approximately 20.3% in 2014 and 21.60% in 2015, as stated by the General Director of the SRI.

Source: http://expreso.ec/expreso/plantillas/nota.aspx?idart=8859372&idcat=38229&tipo=2