However, the figures have reportedly skyrocketed during the last fiscal year, so the gap in unpaid taxes in the country has reportedly broken the 6.7% barrier of the Gross Domestic Product (GDP).
The debt owed by companies in Peru for income tax (IR) and the non-payment of the general sales tax (IGV) amounts to S/63 billion, reported the National Superintendency of Customs and Tax Administration (Sunat).
During the presentation of version 3.0 of the Catalogue of High Tax Risk Schemes, the Superintendent of Strategies and Risks of Sunat, José Peña, said that there is “a problem of non-compliance with the IGV that is around 30.3% of the potential tax that could be collected.”
In the case of the Corporate Income Tax – Third Category Income – Sunat’s calculation reaches, approximately, a deficit of 40.5% of the potential collection.
“This means that there is a total omission of around S/63,000 million, equivalent to 6.7% of our Gross Domestic Product (GDP). This is information for the year 2022,” he added.
Tax non-compliance information is updated every year, prior to the publication and preparation of the Multiannual Macroeconomic Framework and the presentation of the public sector budget by the Ministry of Economy and Finance (MEF), which takes place in August of each year.
The official explained that, between August and September, the available information on non-compliance with IGV and IR for 2023 will be published. Regarding the variation, he said that “the study is still being evaluated.”
“Let’s say that due to the calculation methodology, there could be some increase in the rate of non-compliance with the IGV. We still do not have the preliminary calculation of the Corporate Income Tax,” Peña said.
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.
