Evaluación financiera de los efectos que produce el impuesto a la salida de divisas del sector importador industrial de la ciudad de Riobamba, período 2015.

Abstract

The aim of this work is to assess the financial effects of the tax on the outflow of foreign exchange (ISD) on the import industry sector of the city of Riobamba. The assessment attempts to determine the best financial use of the payment of ISD for the economic benefit maximization. The observation, experts’ opinions, and literature review were used to collect data, verify, and analyze the corporate composition of industries, which have been studied in this work. Besides, a financial diagnosis, which permitted to know the current financial situation of each industry, was carried out. A comparative analysis of the payment use of ISD (as tax credit, expense or tax refund) was done to show the effects on the liquidity and profitability indicators. A strategic guideline guaranteeing the industry benefit maximization was determined by defining the effects of the ISD. With the payment use of ISD either as tax credit or tax refund, the result will not change, and they will permit the resource optimization, whereas the industries have less liquidity and are less profitable with the payment use of ISD as cost or expense. It is recommended that the industries take into account the posed strategic guidelines to make better decisions.