As of November, tax collection reached $ 12,727 million, 13% more than in 2020

The general director of the SRI, Marisol Andrade, justified this increase by the economic reactivation and collection actions.

Total tax collection from January to November 2021 amounted to $ 12,727 million, 13% more in relation to the same period of 2020, in which $ 11,314 million were collected, as reported the general director of the Internal Revenue Service (SRI), Marisol Andrade.

Loans from private banks grew 13.4%, reaching a record figure of $ 33,083 million in November

“As a result of the economic reactivation and largely as a result of the collection actions and control processes carried out by the SRI, from January to November 2021 $ 1,413 million more were collected than in the same period of 2020,” Andrade highlighted, who pointed out that only last November $ 1,174 million were collected, $ 188 million more (+ 19%) than in November 2020.

Regarding the value added tax (VAT), he pointed out that from January to November 2021 $ 6,054 million were collected, that is, a growth of 22% in relation to 2020.

Regarding the monthly collection (November 2021), it reported that it amounted to $ 638 million, which means a growth of 26% in relation to the same month of the previous year, in which $ 507 million were collected.

Tax collection between January and September 2021 increased by 11%, according to the SRI report

Andrade added that for income tax, from January to November 2021, $ 3,995 million were collected, while the collection of November 2021 alone reached $ 308 million, that is, 11% more in relation to the same month of 2020, in which $ 278 million were raised.

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