Análisis del comportamiento del anticipo del impuesto a la renta y su impacto en la rentabilidad de las sociedades que se beneficiaron del incentivo fiscal, reinversión de utilidades. Periodo 2003-2014

Abstract

Abstract: The purpose of this titling work is to analyze the behavior of the income tax advance and its impact on the profitability of the companies that benefited from the tax incentive and reinvestmen of profits during the period 2003-2014. The descriptive - comparative and quantitative methodology of the information obtained from the database of the Superintendency of Companies, Securities and Insurance of the study periods was used. In addition, the calculation and analysis of the economic and financial profitability indexes was carried out. We worked with 134 Ecuadorian societies; which were stratified by economic sector and by number of years. In both cases positive data were found. It was determined that the calculation of the income tax advance, in the economic sectors, there are no significant variations, the mining and quarries sector standing out. As regards the ROA and ROE, there is similarity; Regarding leverage, the sector with the greatest movement was real estate.