Impacto de los impuestos en el precio de los vehículos comercializados en el Ecuador durante el período 2019-2022

Abstract

The present article deals with the Impact of Taxes on the prices of vehicles marketed in Ecuador and the development and variation of taxation in the sector. It analyzes the value of taxes and the consequences they cause on demand, focusing on the automotive industry. In other words, increasing taxes as an economic measure will reduce or affect sales levels, especially for certain consumer goods. Therefore, the study's main objective is to analyze the impact of taxes on the prices of vehicles marketed in Ecuador during 2019-2022. The methodology employed is exploratory research with an objective and non-experimental criterion, primarily descriptive, using secondary sources of information and consulting the databases of entities responsible for tax collection, such as the Internal Revenue Service (SRI by its Spanish acronym), Internal Tax Regime Law (LRTI by its Spanish acronym), Association of Automotive Companies of Ecuador (AEADE by its acronym in Spanish), Ministry of Economy and Finance, and the Organic Code of Territorial Organization (COOTAD by its acronym in Spanish). The result indicates that the final cost of vehicles in Ecuador is the highest, leading to a loss of competitiveness since prices are higher compared to other countries, discouraging consumption.