Financial Education - Conditions of the formal duties of the tax on economic activities of industry and commerce

Within the adaptation of the formal duties established in the organic tax codes, it is established to register in the Autonomous Service of Tax Administration, to publish the patent of economic activities and commerce.

Also to present monthly, within the established term, the corresponding declarations of gross income, to exhibit and conserve in orderly form, the monthly payment vouchers of the Tax on economic activities and commerce, to contribute with the authorized officials in the realization of the inspections and audits.

In addition, to comply with the resolutions, ordinances, orders and other decisions issued by the tax bodies and authorities, duly notified, since the economic stability of the business sector is a situation in which the entities do not show great variations in their main macroeconomic indexes.

To this effect, the performance of the activity of a company requires the investment of resources in the same, basically because, the economic stability shows the relationship between the profit obtained and the investment that has served as support.

This is the reason why the economic stability shows the relationship between the profit obtained and the investment that has served as a support.