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Peru.- In the past nine months, VAT collection has registered positive growth rates, especially double-digit rates in April this year, the Central Reserve Bank reported (BCR) In its study notes
According to the report titled Non-Financial Public Sector Operations: June 2018, the National Government's tax revenue of 8,182 million soles ($ 2.4 million) increased by 28% during the month of analysis According to the BCR, the highest revenues from the collection of internal and external VAT have distinguished themselves, due to the resumption of economic activity and measures such as increased diversion rates; income tax, due to higher payments for legal entities, mainly mining companies; and ISC, due to the increase in tariffs and coverage of products subject to this tax.
He also contributed to the lowest level of tax refund, added the BCR.
The income of IGV 4 954 million soles ($ 1.5 million) increased by 17.5% compared to the same month of 2017, both by the internal VAT (15.5%) and by external VAT (20.3%)%).
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