The fall was also influenced by the slowdown experienced by GDP growth and domestic demand in December, whose tax obligations are declared and paid mainly in January.
The january collection of 2023 reached S/ 13,387 million tax revenue from the Central Government Net (discounting tax refunds), which meant a decrease of 3.8% compared to the same period in 2022, reported the National Superintendency of Customs and Tax Administration (Sunat).
The entity explained that the contraction is due to the slowdown that GDP growth and domestic demand would experience in December, whose tax obligations are declared and paid mainly in January. In addition, there was a reduction in the level of imports (-18.0%) and the exchange rate (-1.7%), which explains the lower collection of external taxes.
The postponement of the declaration and payment of the tax obligations corresponding to the December 2022 tax period that had to be paid in January and the extraordinary release of deduction funds for mypes, temporary facilities adopted by the Sunat to provide greater liquidity to mypes taxpayers, measures that allowed them to overcome those external factors that affected their operation. As well as the application of an IGV rate of 8% applicable to mypes restaurants and hotels, approved by Law No. 31556.
Results for taxes in January
In January, S/5,886 million were collected for income tax, a figure that represents a decrease of 0.7% compared to the same month of 2022 and an increase of S/430 million.
“The result for January mainly reflects the lower payments in the second category (-65.5%), fourth category (-6.8%), fifth (-4.3%), RER (-10.1%) and the rest of income (-6.5%), offset by higher payments for third category income tax (General Regime and RMT) that grew 7.4%, as well as regularization (217.8%), first category (6 7%) and non-residents (1.7%)”, detailed the Sunat.
Meanwhile, IGV collection reached S/7,937 million, an amount that represented a 6.8% drop compared to what was registered in January 2022 and an increase of S/99 million compared to what was collected in said month. The Internal IGV decreased by 4.0% and collected S/5,019 million, an amount that was S/206 million more than that collected in January 2022. For its part, the imported IGV amounted to S/2,917 million, which represents a decrease of 11.2% and S/ 107 million lower collection.
For its part, ISC collection recorded a contraction of 18.6%, with payments totaling S/817 million. The negative result was explained by both the Imported ISC (-37.2%) and the Internal ISC (-7.6%), which reflected the performance of internal demand and especially lower imports.
Finally, the collection corresponding to other items amounted to S/570 million, an amount that is equivalent to a decrease of 14.8% compared to January 2022.
Source: Larepublica
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