Impacto tributario en la rentabilidad de las empresas extractivas de la provincia de Pichincha de la República del Ecuador, en el período 2014-2018

Abstract

Abstract:This work analyzes the impact of taxes on the profitability of mining companies that had concessions in the Province of Pichincha, from 2014 to 2018. The concept they have of the industry is that transnationals take the minerals without contributing to the Country s economy. Therefore, this research becomes a fundamental piece to understand in depth this problem. During this study development, indexes presented help to establish the financial growth of these companies and the tax incidence on their profitability. From the results obtained, it concluded that the tax impact on mining companies is strong, Article 408 of the Constitution of the Republic states that the state cannot earn less than the company that exploits, and therefore, the burden Tax in these companies must exceed 50% of their profitability. Throughout the investigation, it is noted that all companies exceed this amount, and not necessarily the company that pays the most taxes is the most profitable.