Análisis articulo 66 ley 1943 de 2018

Abstract

The simple tax regime is a figure that replaces the mono tax and will function as a tool to formalize, decrease and simplify the presentation and payment of taxes in Colombia. “It is an optional tax model of integral determination, annual declaration and bimonthly advance, which replaces the income tax, and integrates the national consumption tax and the consolidated industry and commerce tax and also integrates the contributions of the employer to pensions, through the tax credit mechanism”. (Dussán, 2019, párr.3).

What is sought with this new regime is to bring more than a million informal companies to formality, the main reason has to do with the fact that those people and companies that pay the rate of this single tax will have several taxes included there, which will simplify compliance with tax responsibilities, making this a tax tool that simplifies tax procedures and in turn increases productivity, becoming an incentive to exit informality. As reported by Portafolio (2019), this tax system has four groups discriminated in the annual gross income. They range from $ 48 million to $ 2.7 billion and are in turn separated by sectors such as: small shops, micro and mini markets and hairdressers, commerce, telecommunications, professional services, restaurants and transportation. (párr.3).