In August, the Tax income net of the central government (discounting the returns from taxes) reached S/ 14 845 million experiencing a growth of 19.3% compared to the same month of 2024.
Between January and August, net tax revenues increased by 13.6% compared to what was obtained in a similar period of last year when Sumar S/ 117 101 million, s/ 15 657 million more collection compared to S/ 101 444 million January-August of 2024.
Determinants of August collection:
The positive result in August collection was mainly supported by following factors:
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The favorable performance that economic activity would have registered during July and in particular, domestic demand, generating tax obligations that were mostly paid during the month of August.
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He highlighted the growth of CIF imports during August itself (3.7%), despite the contraction of 5.4% of the exchange rate (S/ 3.54 xus $). According to the type of goods, the importation of consumer goods increased by 10.9% and that of capital goods and construction materials grew by 22.2%. In contrast, imports of raw materials and intermediate products decreased by 9.3%.
- The favorable business results obtained during exercise 2024, which were reflected in the collection of the month of August through the highest coefficients used for the determination of monthly account payments of the Income Tax, and the reduction of balances in favor of the taxpayer; All this in the context of greater economic activity and high metal prices, in particular copper and gold.
The intensification of the facilitation, control, control of economic operations and recovery of tax obligations carried out by the SUNAT, the same as in the month of August they achieved an additional increase in collection due to an amount of the order of approximately s/ 2 043 million.
So far this year, SUNAT registers S/ 7882 million collected by tax debts. Until the end of the year, it is planned to recover S/ 11 274 million, a figure that represents 53% more than 2024.
The favorable effect generated by the application of the following standards:
Legislative Decree No. 1634 that approved a special subdivision for tax debts administered by the SUNAT, which was regulated by DSNº 184-2024-EF. In this regard, in August payment of monthly fees for S/ 16 million was received, a flow that will continue in the following months, although the amount will depend on the deadlines.
Legislative decree No. 1623 referred to the application of the IGV to digital services, having collected S/ 55 million in August.
- Law No. 31557 and Legislative Decree No. 1644 referred to the establishment of the Distance Games Tax and the Distance Sports Bets and the application of the ISC to these activities, which together enhanced the collection of S/ 45 million in August. It should be noted that since August the ISC rate applied to these services is 1%.
- As a counterpart, some previously approved norms continued to generate a negative impact on August collection, among which the following can be mentioned:
- Law No. 31903 that provides the free disposition of funds from the detractions accounts of Mypes companies, which has been affecting collection collection flows and income as collection – ICR.
- Law No. 32219 that modified Law No. 31556, expanding the validity of the reduced rate of 8% of the IGV for micro and small businesses from restaurant activities, hotels, tourist accommodations, catering services and others, until December 31, 2026, to move to 12% in 2027.
- Law No. 31962, which modified the application of interest both in returns and in the update of fines.
RESULTS FOR TAXES
Income Tax: In August S/ 5 999 million for this concept were collected, amount that represented a 27.7% growth compared to the same month of the year 2024.
The registered increase is mainly motivated by the extraordinary payment of a company in the financial sector of non -domiciled income (252.9%) and the proceeds corresponding to the highest payments on the third category, both of the general regime, as well as the MYPE Tax – RMT (17.4%) regime regime.
Payments for regularization of income tax (74.9%), first category (7.0%), fourth category (2.8%), fifth category (1.9%), special income – RER (5.7%) and the rest of the income (45.0%) were increased.
In contrast, payments corresponding to second category income (-57.6%) decreased due to a statistical effect since in August 2024 extraordinary payments were recorded for this concept, the same that increase the base of comparison.
General Sales Tax (IGV): IGV collection reached S/ 8 055 million in August, a amount that represented a growth of 5.2% compared to the same month of the year 2024.
The internal IGV raised S/ 4 638 million, an amount equivalent to a growth of 4.2% compared to August 2024. This positive percentage would have been influenced by the economic dynamics during July, by the payments corresponding to the application of the IGV to the digital services and by the control and collection actions deployed by the SUNAT.
For its part, the IGV that taxed imports raised S/ 3 418 million, an amount that represented an increase of 6.6% compared to August of the year 2024. This result mainly obeys the highest payments to previously guaranteed imports associated with products other than fuels; as well as the highest imports (3.7%) despite the lower exchange rate.
