Abstract

VILLABONA ROBAYO, Jairo Orlando  and  QUIMBAY HERRERA, Carlos José. EFFECTIVE INCOME TAX RATES FOR SECTORS OF THE COLOMBIAN ECONOMY DURING 2000-2015. Innovar [online]. 2017, vol.27, n.66, pp.91-108. ISSN 0121-5051.  https://doi.org/10.15446/innovar.v27n66.66805.

The main objective of this paper is to calculate the effective rate of the net income tax generated by legal entities of each of the sectors of the Colombian economy, using information available in the income tax aggregates of the Colombian National Office of Taxes and Customs (DIAN in Spanish), during the period 2000-2015. The effective rates identified show that the net real income tax paid by legal persons is not as high as believed. Additionally, the values of these rates show significant differences among the different economic sectors due to tax benefits that have different impacts on each one of them. These differences prove the horizontal inequity within the Colombian tax system, since sectors that are not so relevant for employment generation, such as the financial and the mining sectors, perceived the highest amounts of tax benefits.

Keywords : Tax benefits; net income tax; effective rate; nominal rate.

        · abstract in Spanish | Portuguese | French     · text in Spanish     · Spanish ( pdf )