Propuesta de Planeación Tributaria del Impuesto de Industria y Comercio para la compañía Elementos Metálicos S.A. vigencia fiscal 2019

Abstract

This document addresses the development of tax planning for the Industry and Commerce Tax (ICT) on the company Elementos Metálicos S.A., between 2019. That’s because within the operations study, it was evidenced that the company doesn’t have a tax planning about ICT, like its territoriality. This situation affects the tax behavior, being immersed in penalties, default interest and emplacement. The guideline is taken from the stated by the Inter-American Development Bank (IADB) in 2011, according to the design of the case study, this guide permits to strengthen the development of this study, as well as strengthen the methodology used for the tax planning proposed by Vergara H.S (2006) and Romero (2011), which were adapted for the needs of this case study, these provide concrete bases and key points to keep in mind during its execution. According to the above, it is essential to do an adequate tax planning about said tax in the company, in order to comply its obligations in time and way to do it, identifying opportunities of improvement, like the tax advantages provided by legislation. Additionally, the optimization of recourses and minimization of sanctioning risk. The registered information dates from 2014 to 2019, in order to have bigger and enough bases of profits behavior outside and inside of Bogota, for give a tool to permits to identifying the territoriality and anticipate de obligations in the different municipalities. Generating a positive change in terms of financial and fiscal compliance, for the current terms and after its applications.