Análisis de los beneficios del monotributo en Colombia

Abstract

This research paper analyzes the benefits of Monotributo for taxpayers who benefit from this new mechanism of taxation, a mechanism that was created with the purpose of simplifying tax procedures, improving taxation and promoting formalization. The Monotributo is an optional and alternative tax for small merchants who declare income and are not required to invoice with IVA, which was created through the Tax Reform Act 1819 of December 2016, which brought changes to modernize the tax system, with In order to mark simplicity, progressivity and equity. This research is divided into three sections, the first section identifies the regulations that apply to those who take advantage of the Monotributo, where doubts are clarified with respect to the taxpayers' classification, the second section refers to the benefits for those who take refuge to the Monotributo, in which the advantages that this mechanism brings are described in a comprehensible form and in the third section the fiscal impacts generated by the Monotributo for the future are determined for the National Government, exposing widely the effects that this new mechanism will bring to the control to our country.