VAT collection increased by 17.5% in June | Trade | Economy | Peru

Central Reserve Bank ( BCR ) reported that in June of this year, revenues from 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 IGV (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 & [[[[[[[[[[[[[[[[[[effectofthemodificationofthewithdrawalschemeaswellasthecarry-overoftaxliabilitiesforthecoastalElNiñoandtheapplicationofthecorrectIGVregimethataffectedthecollectionin2017

"D & # 39; on the other hand, the increase The external VAT revenues of the month reflected the highest imports in a context of resumption of economic activity. "

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Thursday last, the National Superintendency of Customs and Tax Administration ()] Sunat ) reported that the central government's net tax revenue (discounting tax refunds) 's. amounted to $ 8193 million in 1945, up $ 1,801 million from the 20 17 and representing a growth of 26.4% in real terms.

The institution said that with the result of June, 9 months of steady increase in tax revenues were accumulated.