Devolución del excedente del anticipo del impuesto a la renta a la compañía de transporte de Estudiantes Universitarios S.A.

Abstract

The present investigation is directed to the analysis of the process of return of the surplus of the advance payment of Income Tax to Compañía de Transporte de Estudiantes Universitarios S.A. in such a way that an initial section that focuses on the description of the main theoretical foundations and legacies that cover the advance payment of Income Tax in Ecuador is raised, in addition the presentation of the values declared and paid by Compañía de Transporte de Estudiantes Universitarios S.A. is emphasized, with respect to the advance payment of Income Tax, emphasizing that the advance payment of IR amounts to $ 3,085.09 being this lower than the withholdings of IR year 2019 for $ 4,651.00, therefore, no installments are established and it is determined as a balance to be settled in the next year's declaration. For the period of 2020, an advance payment of $172,597.64 is referred to. On the other hand, it is emphasized that the income of the institution for 2019 and 2020 amounts to $469,854.01, $15,963,735.09 respectively, complying with Art. 3 of Decree No. 210 which establishes a 40% reduction in the amount to be paid of the balance of the advance payment of income tax, so that Compañía de Transporte de Estudiantes Universitarios S.A. can access the refund of the advance payment of income tax and recover the amounts paid that constitute a tax credit for income tax.