Tax entities and the use of national digital assets

Based on what was stated in yesterday's post, it is inferred that this modification and increase of the tax rate according to the economic activity of the tax entities, is due to the interaction of macroeconomic variables affecting the countries such as the constant increase of the inflationary rate and the exchange parity, which have worsened the devaluation of national currencies.

In this sense, a large number of countries have been employing the use of national cryptocurrencies, which together with the dollar represent reference markers of this type of public bodies even when the country's economy has not been officially dollarized.

Within this order of ideas, in theoretical and technical terms, territorial tax management should be framed in procedures, instruments and measures that facilitate taxpayers' compliance with their formal duties and thus maximize tax revenues.

According to the above, it is presumed that the arbitrary measures described above, negatively affect the economic and social stability of the companies, directly harming the profit margins and the purpose of making substantial investment decisions in time and money, which allow them to achieve success for their decisions of sustainability and autonomy, focused on their stakeholders such as employees, shareholders, managers, customers, suppliers and community, among others.

It is necessary that the system be as simple as possible, so that it produces certainty to the taxpayer with respect to the method of payment, place, date among others, clear and precise rules with due publicity must be complied with, in addition the payment must be comfortable in terms of the time that the taxpayer is in stable economic conditions to be able to make the disbursements.