The deduction in tax terms refers to the amount or percentage deducted (deducted) by the person who buys a good or beneficiary of a service, this amount must be deposited in a private account authorized by the bank in the name of the service provider or seller.
This amount is a kind of tax that the buyer pays in advance when billing the purchase of a good. This procedure is of great benefit because it allows the collection of sales tax, thus reducing non-compliance, and allowing the corresponding authorities to control tax evasion, and in turn to be able to enter those taxpayers that already existed. but that they did not comply with the payment of their taxes.
This deduction system has allowed the implementation of a support base that gives the taxpayer the possibility of facing up to their tax obligations and thus being able to later avoid any lack or non- payment of payment, causing it to accumulate and then be difficult to pay. cancel. One of the few disadvantages of this system is that it restricts the use of the tax credit in those stages in which the receipt is settled, that is, if an individual who has the obligation to deduct and does not do so, automatically loses his credit fiscal.
The word detraction is also used as a synonym for defamation or slander. The dictionary of the Royal Spanish Academy defines it in two ways: “1. Restore, subtract, set aside and divert ” “ 2. Infamous, denigrate the honor of others in conversation or in writing. "
