ANALYSIS OF THE ECONOMIC EFFECT ON COMMERCIAL SMES AT GUAYAQUIL CITY DUE TO THE INCREASE IN THE VAT RATE TO 14% IN THE PERIOD 2015-2017

Abstract:

The objective of this study is to verify the hypothesis of economic impact due to the increase in the Value Added Tax rate from 12% to 14% in Small and Medium Enterprises (SMEs) in the city of Guayaquil. The VAT increase would influence the general level of prices in a country's economy, affecting the fulfillment of commercial goals, the consumption of products would fall, due to the perception of consumers they would no longer acquire products in the same magnitude because the price has increased or would affect smuggling, both cases do not contribute to the economy of a nation.

Año de publicación:

2019

Keywords:

Fuente:

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