Tax Reforms and Their Impact on the Collection of Key Taxes in Ecuador 2022

Abstract

Taxes constitute one of the most important sources of revenue, allowing the state to finance public expenditures such as healthcare, public infrastructure, education, security, etc. The objective of this research was to study tax reforms and their impact on the collection of the most relevant taxes in Ecuador for the year 2021 - 2022. The research was based on a methodology combining bibliographic-documentary research, consulting various documents to obtain accurate and reliable information, and empirical research, involving the observation of evidence for result comparison. Additionally, the deductive method was employed, supported by information from the Internal Revenue Service, utilizing statistical tables for better comprehension and explanation of the study's effects. The results indicate that tax policies in Ecuador have undergone various reforms, adapting to the country's economic situation and established by the government under the control of the tax administration. These reforms aim to stimulate and incentivize taxpayers to meet their tax obligations, in order to generate revenue from public or private enterprises within a specific period. The volatility of both domestic and global economies necessitates tax policy reforms to ensure adequate revenue collection that aligns with the dynamics of these changes.