The total gross collection of the General Tax Directorate (DGI) reached $47,133 million in December, and had a real growth of 9.2%, as reported by the agency on Wednesday. The main state box thus added its tenth month of growth in a row.
For its part, net collection, that is, discounting the tax refund, reached $41,596 million, with a real year-on-year increase of 5.2%.
The difference between the gross and net collection corresponds to the tax refund, which can be made through payments made with credit certificates issued by DGI or by cash/bank refunds.
At the end of 2021, gross collections totaled $508,637 million (US$11,483 million) and registered a real growth of 7.1% compared to 2020.
Consumption taxes
consumption taxes they were the main source of income for the State Treasury during the year with a total of $285,195 million and a growth of 9.2% in the period.
Among them stands out the collected by VAT which totaled $238,128 million, which represented 46.8% of the total gross collection, with a year-on-year variation of 9.7%.
Meanwhile, the collection of imesi it reached $47,067 million, and represented 9.3% of the total gross collection with an annual expansion of 6.6%.
Income Taxes
The collection of the Income Tax on Economic Activities (IRAE) reached $70,912 million in the year and had a real year-on-year increase of 7.9%.
Finally, the collection of Personal Income Tax (IRPF) reached $88,062 million, and grew 1% real.
Income tax collection category II (paid by workers) fell 0.9%, while category I (to capital) increased 11.9% in the year-on-year comparison.