Financial Education - Instances for the collection of the tax on the economic activities of industries commerce services or similar nature

In correspondence with yesterday's post to that effect, the collection of the tax on economic activities of industries, commerce, services or similar nature, is one of the activities developed by the territorial instances of the Integrated Tax Management Service, which is the body in charge of the registration, control and supervision of this type of territorial instances.

It should be pointed out that these instances of collection of the tax on the economic activities of industries, commerce, services or similar in the world are governed by ordinances of economic prosecution and tax services at the local level.

However, even though they are local instances, there are problems in relation to the level of collection of the tax on economic activities, as well as other ordinary direct taxes, due to the fact that there are weaknesses in the setting of the monthly tax rate with respect to the category of commercial economic activity of some taxpayers.

In view of these affirmations, the instances of collection of the tax on the economic activities of industries, commerce, services or similar nature contribute directly to the economic and social growth of the Colónsan entity through the timely payment of taxes, maintaining a constant relationship with the active entity of this tax with the purpose of obtaining efficient results within the tax sphere.

In many countries, achieving these efficiency purposes has been a complex task due to the constant increase of the inflationary rate; which has caused entities of this type to also create verification strategies that guarantee their collection process through the application of rates that significantly impact the economic stability of the entity.