Determination of the Income Tax Anticipation of the Manufacturing Companies of Ecuador 2013 - 2016 and its incidence on the liquidity level

The anticipation of income tax constitutes part of the collection of the global income tax; And, that, together with the monthly withholdings of this and other taxes, contribute to the periodic financing of the public budget, at the central status level, decentralized autonomous organizations, universities and others. In the last decade, various changes have been issued in the regulations related to the determination of income tax and its advance. These transformations have led to the establishment of the advance, as a minimum tax and as a mechanism to control evasion. Faced with these new legal scenarios, in recent years representatives of the business sectors have requested from the Government to eliminate the anticipation of income tax, adducing among other reasons, which remains liquidity to companies and that constitutes a payment that is not justified because many companies have obtained losses in their results states. Which contradicts the arguments of the public administration. The present investigation will contribute to this debate and determine its effectiveness over time. By virtue of the above, the analysis of this issue is essential for the establishment of adequate tax policies, based on the historical behavior of financial information, which contributes to the operation of the Ecuadorian economy (public sector and private sector), which demonstrates the economic and social relevance of the issue. In a first phase the analysis will be carried out at the level of manufacturing societies of Ecuador, in the 2013 - 2016 period

16th UNIVERSITY RESEARCH COMPETITION