Sugary drinks and their importance in Ecuadorian legislation

Abstract

The Special Consumption Tax (ICE) is a measure of economic adjustment adopted by several countries in order to obtain a change in the consumption patterns of the population, as to achieve fiscal balance in the local economy. This article explains the consequences, of a tax and productive nature, caused by the application of the Law for the Balance of Public Finances, issued in Ecuador in April 2016. As part of the methodology, research methods are used documentary of non-experimental type from the economic theory (Ceteris Paribus). The discussion of the results reveals the need for government authorities to review the tax burden based on the consumption of this product for mass consumption and the degree of diseases caused by Ecuadorians.