Tax collection reached $817.882 billion in April, an amount 105,2% higher than the same month last year, when the isolation measures imposed to mitigate the spread of the coronavirus were fully operational.
The Ministry of Economy, in a Press release, he stated that "taking as a reference the levels of tax revenue in real terms, the collection would be in relation to April 2019 at a level above 7%”.
Regarding tax revenues, the set of concepts that correspond to economic activity registered a nominal year-on-year increase of 104,7% and a real increase of more than 2% compared to the same month in 2019.
In this group highlights the collection of VAT, which rose 97,7% year-on-year to total just over $250.798 million.
Meanwhile, due to the Tax on Earnings Revenues totaled $145.980 billion, up 98,7% year-on-year.
During the fourth month of the year the export duties They also boosted tax collection by maintaining favorable terms of trade. This tax recorded a year-on-year increase of 183,2% compared to the same month in 2020, totaling just over $79.700 billion.
In the analysis by tax, the growth of Credits and Debits also stands out, with a year-on-year increase of 94,5%, which was around $57.250 billion, a tax that marked a performance similar to that shown by VAT, despite the decrease verified in the health sector, the portfolio highlighted.
Regarding the collection associated with social security, this item registered a 68,1% year-on-year increase: Personal Contributions showed an increase of 60,7% to total $66.500 billion, while Employer Contributions advanced 75,9%, with an amount of $100.100 billion.
Regarding taxes covered by the Solidarity Law, the increase in Personal Property Tax stood out, which showed a year-on-year rise of 372,7%, totaling more than $33.600 billion.
This increase was due both to the increase in the rate provided for in the Law, as well as to the payment on account for assets abroad, which in 2020 was made in May, affecting the comparison base.
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