The decline in the Gross Domestic Product and domestic demand explain the contraction. Congressional laws also dented tax revenues, warns Sunat.
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In 2023, S/ 147,246 million were collected tax revenue from the Central Government (discounting tax refunds). This means a decrease of 12.3% compared to what was collected in 2022, Sunat reported.
The tax authority indicated that among the factors that explain this result is the decline in GDP (around 0.5%), as well as in domestic demand by around 1.6%. Likewise, the drop in CIF imports by 13.5% and the exchange rate by 2.1%, considering an annual average of around S/3.75 per dollar.
A fact that the Sunat, and which also strongly affected the 2023 collection is the negative impact of some regulatory measures such as Law No. 31556 that establishes the special temporary VAT rate of 8% for restaurants, lodgings and hotels; or Law No. 31903 that allows the free disposal of funds from the withdrawal accounts corresponding to MYPES.
Editor of the Economics section. Journalist from the University of San Martín de Porres, with more than 15 years of experience, specializing in mining and energy issues. Twice winner of the Ramón Remolina Serrano journalistic contest of the Lima Chamber of Commerce. He has a Diploma in Communication, Journalism and Society from Esan University.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
