The tax collection between January and March 2022 amounted to $ 4,463 million, which represents a growth of 29%, that is, $1,015 million more than what was collected in the same period of the previous year ($3,448 million).
Only in March 2022 the SRI collected $1,479 million, without considering the temporary contributions established in the Economic Development Law. This represents a growth of 23% ($ 278 million) compared to the collection of the same month of 2021 ($ 1,200 million). When including the collection for temporary contributions, the total collected amounts to $1,871 million. Thus, the collection for assets has reached $ 392 million in March alone.
“The increase in tax collection in March 2022 is the result of the controls carried out by the SRI at the national level, to verify the correct and timely fulfillment of obligations and combat tax evasion, in strict adherence to current tax regulations. ”, said Marisol Andrade, Director of Revenue.
Regarding the value added tax (VAT), in the first quarter of 2022 $ 1,961 million were collected, that is, an increase of 25% was registered compared to the same period of the previous year. In March 2022 alone, $589 million were raised, 28% more than in the same month in 2021.
For income tax, during the first three months of the In 2022, $1,184 million were collected, an amount that represents an increase of 12% compared to the same period of the previous year. The collection of this tax in March 2022 was $443 million.
On these data, Napoleón Santamaría, tax attorney, commented that the level of growth in collection is very important and it is a sample of the greater economic activity. For Santamaría it is encouraging that the VAT has grown by 25%, because it feeds on purchasing activities, leasing, professional services, among others. He considers that with this rate of growth, the economy may perform even better than in 2021. Additionally, he said that by having a dollarized economy, unlike other countries, inflation in Ecuador is controlled. In this sense, he said, it is all good news.
Regarding Income, he considered that the tax reform is giving results and that although it is a greater tax pressure, it is exerted on few people who have better resources.
Marisol Andrade It also reported that the tax administration identifies taxpayers who have not declared correctly or have not paid their taxes and executes persuasive actions that seek compliance with overdue tax obligations; If there is no positive response to these actions, the SRI immediately proceeds to execute the corresponding sanctioning processes.
In 2022, the SRI will continue to intensify its actions at the national level to recover public resources owed to the State or that have been hidden by taxpayers, in strict application of current tax regulations.
Source: Eluniverso
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