[Economics] Productive sectors propose fiscal pact in the tax reform of the Executive

[#Wittels-]

The analysis of the urgent project of Development and Fiscal Sustainability will continue on Monday with the appearances of the economic authorities of the government

 

On the second day of appearances, the Economic Development table of the National Assembly received representatives of the productive sector and business unions who presented their observations on the urgent project of Economic Development and Taxation, which focused on the implementation of new tax burdens on, the tax table and the elimination of deductions, for which they proposed a tax pact.

The project highlighted the elimination of VAT and ICE for some consumer products, although the representative of small and medium-sized companies proposed the inclusion of inputs for production.

The appearances will continue next Monday with the presence of the economic authorities of the Government from 09:00, whose session will be in person and cannot be delegated, announced the legislator Wilma Andrade (ID), who is in charge of the presidency of the table.

In the session of this November 6, unanimously, the commission approved a motion raised by the legislator César Rohón (before PSC), so that the technical support table made up of economic representatives of the Government and the legislative commission, also include delegates from the productive, academic and citizen sectors.

 

Felipe Ribadeneira, presidente del Comité Empresarial Ecuatoriano, señaló que el nuevo aporte a las empresas que se propone en el proyecto debe ser reconsiderado porque compromete la capacidad de reactivación, y también dijo que establecer una mayor carga tributaria a los hogares perjudica la capacidad de consumo y fiscal. formalización, para lo cual planteó la necesidad de un pacto fiscal que incentive la seguridad jurídica, la reactivación y la inversión.

Dijo que es necesario que la reforma tributaria esté en sintonía con el momento económico para proteger el empleo y especialmente las fuentes de empleo.

Que gravar el patrimonio es antitécnico, ya que la reforma no distingue entre empresas que tienen pérdidas con empresas que tienen un bajo nivel de liquidez.

Este pacto fiscal, según Ribadeneira, permitirá obtener una seguridad jurídica que fomente la atracción y generación de inversiones, planificación fiscal con corresponsabilidad.

 

Criticisms of the project from the CCQ are in the chapter on wealth tax, since they consider that the main affected are in the commercial and industrial sector who assumed more than 50% of the losses in 2020. That the reform not only hits to large companies, almost 20% of the companies are SMEs, that is, 550 companies.

Miguel Ángel González, president of the Guayaquil Chamber of Commerce, proposed that in the urgent Law it is considered to include a reduction of the ICE to weapons so that private security companies can be further strengthened and join efforts in the fight against crime, insecurity citizen and violence in general.

The Council of Chambers of Production through its president, Felipe Espinosa, indicated that the contributions raised in the project must be temporary and must not compromise the liquidity of the companies, otherwise the economic reactivation and the generation of employment they are going to take much longer. The increase in income tax should not be more than two years, and the deduction of expenses should be maintained at least in the most important items such as health and education, he noted.

 

Link: https://www.eluniverso.com/noticias/economia/sectores-productivos-plantean-pacto-fiscal-en-la-reforma-tributaria-del-ejecutivo-nota/