This Thursday the deadlines to declare the 2% income tax for microentrepreneurs begin to expire

Although microentrepreneurs had to file a 2% income tax declaration until last July, in that month the Internal Revenue Service (SRI) decided to extend the period to comply with this procedure until October and this Thursday the deadlines begin to expire.

People who are considered microentrepreneurs within the SRI registry They are required to declare income tax (IR) for the first semester of 2021. Taxpayers must declare to the treasury 2% of the gross income they obtained in these months, without deducting expenses.

According to the resolution issued on July 6 for the extension of the deadlines, the extension of the time will not imply that microentrepreneurs pay interest and / or penalties for not declaring in July. However, those who do not comply with the procedure within the new dates determined in the current month will have to pay fines and interest.

The document also indicates that persons qualified as special taxpayers will present the tax return until October 21, While those who are domiciled in Galapagos may do so until the 28th of the same month.

The SRI extends until October the deadline for the declaration of the 2% income tax that microentrepreneurs must make

The SRI established a schedule with the maximum expiration dates of the term, which govern according to the ninth digit of the Single Registry of Taxpayers (RUC):

When the expiration date coincides with the mandatory rest days or holidays, the SRI indicates that the term will be moved to the next business day. But if due to these circumstances the transfer of the expiration date passes to the following month, this rule will not apply, rather, the taxpayer must come forward to the last business day of October.

Some 340,000 microentrepreneurs in the country have not yet made their declaration of the payment of the 2% tax

According to the entity’s records, for 2021 the RIM taxpayer registry isIt is made up of a million microentrepreneurs.

Who are considered microentrepreneurs?

Microentrepreneurs are natural persons, companies and entrepreneurs who register gross income of up to $ 300,000 annually and have up to 9 workers.

Government prepares tax reform in which it would contemplate repealing the 2% tax for microentrepreneurs

The RIM is mandatory and It also influences the declaration of VAT and ICE, since taxpayers can choose to file these taxes on a monthly or semi-annual basis. (I)