DOWN THE GENERAL RATE OF IVA IN COLOMBIA INCREASE THE REVENUES TRIBUTARIO

Main Article Content

Hugo Macías Cardona

Abstract

Based upon the renowned Laffer’s curve, this work advocates the hypothesis that the increases in national taxes’ tariffs in Colombia has led to a decrease in the revenue instead of augmenting it. The IVA’s youth, in comparison to other taxes, lead its structuring process to be yet unfinished and, therefore, many mistakes have been committed in its process towards maturity. Based
upon rates and revenue behavior, the article demonstrates how Colombia generates less incomes than those countries with lower duties; and more incomes than those with higher tariffs. On the other hand, the nonecompliance in various tribute principles and the negative effects of high rates at the micro-economical as well as at the macro-economical levels, allows us to defend the hypothesis that the tariff that maximizes IVA revenue in Colombia
is less than what it currently is.

Downloads

Download data is not yet available.

Article Details

Section

ACTUALIDAD ECONÓMICA

Author Biography

Hugo Macías Cardona, Universidad de Medellín

Docente-Investigador de la Facultad de Ciencias Econónómicas y Administrativas, Programa de Contaduría.

How to Cite

Macías Cardona, H. (2004). DOWN THE GENERAL RATE OF IVA IN COLOMBIA INCREASE THE REVENUES TRIBUTARIO. Semestre Económico, 7(13), 20-42. https://revistas.udem.edu.co/index.php/economico/article/view/1135

References

Most read articles by the same author(s)