DGI plans to raise $10.5 billion in 2023

For this year 2023, General Administration of Revenue (DGI), Ministries of Economy and Finance (MPEG)plans to achieve a larger collection, between a 10% and 12% those obtained in fiscal year 2022.

Publius of Graceprincipal DGI, explained that the current collection goal is 10,500 million dollars, but its achievement will depend on the dynamics of the economy, the creation of jobs and the opening of new companies. As well as paying debts with state tax.

De Gracia thanked all taxpayers who submitted their income tax returns by the end of April and the beginning of May.

He pointed out that there was an increase between natural and legal persons this year compared to 2022 9% more with physical persons ia 10% legal entities.

However, he said that “there is a significant difference in what we planned, and we are in negotiations with the Tax Studies Department, because some economic phenomena affected the collection and presentation of the profit and loss account in the first four months of the year, mainly in income tax, which is the most important charge that the state has, like the protests in July last year that had their consequences”, he added.

The official highlighted the contributions that will enter the state through the payment of 375 million dollars of the mining project, which were not foreseen in the budget, and a significant growth of almost 35,000 taxpayers who already use an electronic account.

In addition, four banks already use the electronic account, and already offer it to their account holders.

He stated that soon, at the end of July, the company of Colon-free zone in different stages of implementation, which will guarantee that most economic activities use electronic invoicing.