Peru: VAT collection increased by 17.5% in June 2018, according to BCR | Economy



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The Central Reserve Bank ( BCR ) reported that in June of this year, the revenues of the General Sales Tax (IGV) increased 17.5% compared to the same month of 2017 both because of the higher collection by internal IGV (15.5%) and external VAT (20.3%).

"It should be noted that over the past nine months the collection of this tax has recorded positive growth rates especially higher than double-digit rates from April this year. year, "said the issuing entity.

He also noted that the evolution of the internal IGV is ] consistent with the resumption of economic activity to which it adds the & [[[[[[[[[[[[[[[[[[[[effectofthemodificationofthewithdrawalregimeaswellasthedeferraloftaxobligationsbytheNiñoCosteroandtheapplicationoftheFairIGVwhichaffectedtherOntheotherhandtheincreaseinrevenuefromexternalVATduringthemonthreflectstheriseinimportsinacontextofresumptionofeconomicactivity"hesaid

Other information

It must be remembered last Thursday, the National Superintendency of Customs and tax administration (Sunat) reported that central government net tax revenue (discounted tax refunds) amounted to 8193 million soles in June this year, up 1,801 million compared to the same month of 2017 and representing a e 26.4% growth in real terms.

The institution said that with the result of June, 9 months of steady increase in tax revenues were accumulated. [19659008] Source: Agencia Andina

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