High taxes are the death of medium-sized companies in Sinaloa
Sinaloa.- One medium business who registered Sales of 147 million pesos during the year The last, 24 million allocated in…
Sinaloa.- One medium business who registered Sales of 147 million pesos during the year The last, 24 million allocated in tax payments. This is the situation that all formal companies go through and it is a major reason for the closure in Sinaloa.
Julio Cesar Silvas Injunza, president of the Alliance for the Development and Competitiveness of Companies (Adesem), lamented that the current payment of taxes has generated that economic entities classified as medium-sized companies stand out in the number of closures. . Nationally, 32,000 out of 50,000 businesses were reported missing in the past 10 years.
companies closed
The president of Adecem specified that a medium-sized company is one that generates sales of 90 to 250 million pesos a year, a figure from which the company’s expenses, taxes, Social Security payments and inventories must also be deducted. They also include charges for the Special Tax on Production and Services (IEPS), a situation for which the profit figure is drastically reduced.
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“That figure may be a fortune, but no, should the taxes be removed, obviously all the Social Security tax burden should be removed, the federation is the one that collects the most from companies,” he reiterated.
The complexities that will make it difficult for companies to survive in 2022 are that, as of May, almost three months have passed since the war between Russia and Ukraine, in China, explained CORE 33 industrial commissioner Miguel Loredo. There are also complications, which is increasing the cost of goods due to the lack of industrialization presently present in the state. In the center of Culiacán there are a large number of closed businesses.
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High taxes are the death of medium-sized companies in Sinaloa
2022-05-12 11:34:53