26.5 C
New York
Saturday, August 13, 2022

Latest Posts

Sunat: tax collection exceeded S / 11,000 million in June and grew 3.6% year-on-year

- Advertisement -

The tax revenue of the Central Government in June, including net of tax refunds, reached S/ 11,038 million. The result is higher by S/ 1,243 million (3.6%) than that registered in the same month last year, reported the National Superintendency of Customs and Tax Administration (Sunat).

- Advertisement -

According to the entity, the results of the collection in June continue to reflect, mainly, the increase in payments of the Third Category Income Tax (26.6%). Thus, the mining and hydrocarbon sectors are the ones that stand out the most, in a context of high prices for metals, oil and gas, among other factors such as the increase in imports.

Results for taxes in June 2022

In June, S/ 4,406 million were collected for Income tax. The figure represents an additional S/ 757 million in revenue compared to what was obtained in June 2021 (+11.0%)

As detailed by Sunat, the result was mainly driven by higher payments on account of the Third Category Income Tax (General Regime and Mype Tax Regime), which grew 26.6%; as well as payments from non-domiciled subjects, which grew 69.9%, due to the extraordinary payment of S/ 92 million for the sale of shares of a company in the airport sector.

- Advertisement -

The higher payments for the Special Income Regime (6.6%) also stood out. In contrast, lower admissions were recorded in the second (-50.7%), fifth (-7.7%), fourth (-6.1%) and first category (-1.6%).

In what corresponds to General sales tax, The collection for this concept reached S/ 6,906 million, an amount that represents an increase of 2.9% compared to what was registered in June 2021 and that considers S/ 736 additional million of collection.

The Internal VAT increased by 2.3% and collected S/ 3,680 million, an amount that exceeded by S/ 374 million what was collected in June 2021. For its part, the VAT corresponding to imports amounted to S/ 3,226 million , an amount that represents a growth of 3.5% and an additional S/ 361 million.

As for the Excise tax, ISC collection registered a fall of 28.2%, reaching S/ 531 million. Said result was mainly explained by the decrease in the import ISC (-61.3%) and, to a lesser extent, the Internal ISC (-2.0%).

This result reflected the impact of the exclusion of the application of the ISC to fuels, with the exception of those with high octane rating; which explained the strong decrease registered in the ISC fuels both imports (-82.4%) and internal (-88.8%).

Finally, the collection associated with other income amounted to S/ 1,211 million, an amount that is equivalent to a drop of 3.4% compared to June of the previous year. Said result was mainly due to lower payments for income from withdrawal accounts (-40.5%) and fines (-28.2%).

Source: Larepublica

- Advertisement -
spot_imgspot_imgspot_img

Latest Posts

Don't Miss

Stay in touch

To be updated with all the latest news, offers and special announcements.