Analysis of the 2020 tax regulations, in application with the microenterprises of the city of Cuenca.

Abstract

This article is grounded on the research project called "Study to determine the importance of accounting and financial information given the uncertainty of Covid19, in the MSMEs in the business environment in Region 6, in the specific case our study is based on the analysis of the new tax obligations, In the specific case our study is based on the analysis of the new tax obligations, with genesis in the city of Cuenca of the MSMEs taxpayers, on the application of the Organic Law of Simplified and Progressive Taxation and its regulations, also including entrepreneurs who meet the condition of microenterprises, as established in the Organic Code of Production, Commerce and Investments. On its part, they will be included in this registry provided that they do not fall within the limitations established in the regulations. The purpose of this study is to determine the behavior of the taxpayers and what its effect will be since they have to accumulate the resources they will need to pay their tax obligations, during the first days of January 2021, as a consequence of the income of the taxable year 2020, the rate of 2% of the total income from sales imposed on them, regardless of the results of the taxable year. They are part of the micro-entrepreneurial regime, whose annual income or total income is equal to or less than US$ 300,000.00, and that have up to 9 workers at the date of publication of the cadastre, for such categorization, the amount of income will prevail over the condition of the number of workers, the tax administration also includes small entrepreneurs, businessmen, natural persons or persons obliged or not to keep accounting, and companies with total income equal to or less than the aforementioned figures stipulated in the regime.  To calculate the size of the sample, a target population of the city of Cuenca was set, for which a selection, inclusion and exclusion criterion was carried out, of which 100 people accepted, among them entrepreneurs, microentrepreneurs, persons obliged to keep accounting records and persons not obliged to keep accounting records, through a random environment, in order to know their opinion on the rules and resolutions issued by the Internal Revenue Service.