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SUNTUARY CONSUMPTION TAX
When we refer to taxes we say that it is a tribute that is given to the state to support public expenses, but the concept of tax goes much further because, taxes are the tributes or levies imposed by the State on taxpayers in order to provide for its own existence, those of the institutions that comprise it to be able to adequately meet the needs of the community.
In other words, taxes are the benefits commonly in money, which the State requires in the exercise of its power from individuals according to their ability to pay, by virtue of a law or several laws in order to cover the expenses demanded by the State. . Within these laws are the Income Tax Law or the VAT Law, in the case of the latter it refers to the consumption tax and that taxes the acquisitions of goods and services made by businessmen and professionals.
Consumption taxes are those that are applied to the price of goods and services intended for consumption. In the case of the life cycle of production or manufacturing, depending on the case, and subsequent distribution or marketing, with the relationship between the economic agents where the price of consumer goods and services is determined, the tax is applied to both sellers and salespeople. buyers who are registered with SENIAT as taxpayers. Therefore, the tax is incorporated as a component of the final price of the good or service and thus appears as part of the price of the good and / or consumption.
When we refer to luxury consumption, in general, it is considered as an accessory object, that is, it is not essential, luxury goods or luxury products are those that are defined according to the average income level of a country or price half of other products of the same type. In general, a special tax is applied to luxury goods, this allows the State to obtain additional resources from the higher classes, said money can then be invested in works that help reduce public spending.
The tax applicable to luxury consumption are taxes on luxury consumption and wholesale sales, these tax the sale of movable property, provision of services and the importation of goods and services, applicable throughout the national territory and must be paid by natural persons or legal entities, communities, irregular or de facto companies, consortia and other legal or economic entities, public or private that, in their capacity as importers of goods, services, habitual or not, of manufacturers, producers, assemblers, and providers of goods and independent services carry out the activities defined as the taxable event.
