Characterization of the tax benefits for environmental improvement in Colombia in industrial establishments in the years 2007 to 2010

Abstract

This article discusses the tax benefits for environmental improvement of industrial establishments in Colombia from 2007 to 2010, according to statistical information of the National Department of Statistics (Spanish acronym: DANE) drawn from the annual environmental survey. The general purpose is to characterize these tax incentives by type, activity, and geographical location, and to show how access to these incentives makes it possible for organizations to manage their environmental projects more appropriately. This document also intends to provide knowledge so that accountants may evaluate the scope of tax benefits in environmental improvement projects, and thus contribute to supporting the decision making process by recommending these benefits as a form of financial support to the decisions