Unless there is some modification or update with respect to the registered economic activity, or the income received from it, the registry must be modified with the updated data. The tax return calculator works perfectly here.
Departmental taxes: taxes are fixed by departments and are on the following products or services:
- Consumption taxes on beer, spirits and cigarettes and tobacco
- Registration tax
- Gas surcharge
- Vehicle tax
Municipal taxes : taxes fixed in each municipality. The taxes included in this section are:
- Tax of industry and commerce
- Unified Property Tax
- Motor vehicle tax
- Gas surcharge
- Urban delineation tax
- Chance tax and shows
What is the RUT?
Single Tax Registry is RUT. It constitutes a unique mechanism to identify, locate and label the individuals and organizations that hold the status of income tax filers.
What is the NIT?
It is Tax identification number. It is assigned by the tax office, it allows the unique identification of each registered person, which is useful for all tax purposes.
What is the RUT for?
Having the unique tax registry allows:
- That outsiders with whom you have a business relationship in economic terms, identify the activity in the registry, this being for more confidence.
- Accredit the economic activity before the interested people.
- Take into account the tax obligations and commitments with the the staten state.
- Carry out procedures related to the fulfillment of obligations.
Who is required to register the RUT?:
- People and organizations that have the quality of taxpayer, that declare income taxes and complementary with eventual profits.
- Autonomous estates, in which, a NIT must be owned individually.
- Foreign investors who must comply by declaring in order to generate formal tax duties.
- Branches of the country of legal and foreign persons.
- Natural persons, agents, delegates, and representatives in general, who must declare. Likewise, tax auditors and accountants must comply with the registration.
- Responsible for consumption tax.
- Traders, professionals buying and selling currencies.
- Investors who do not reside in the state.
To take into account, the effects of the commercialization, import and export operations will not have the obligation to register in the RUT.
Why pay taxes? conclusion
In conclusion, knowing why pay taxes allows you to be aware that if you do not fulfill your tax liability you face consequences such as being penalized for not paying taxes , as well as contributing to the deterioration of public services used by citizens and therefore a decrease in the social welfare of the population, in addition to showing itself as a lack of respect for the authorities and for those citizens who do pay their taxes correctly and want a country with functional services that can provide them with an optimal quality of life. For these reasons, taxes must be paid.